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Gold Terra Resources Corp.
Summary
| Project: | Yellowknife City | |
|---|---|---|
| Deposit: | Sam Otto South | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/11/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-5-2020: Gold Terra Resources Corp. announces an Exploration/Drilling Update report for its Sam Otto South deposit at the Yellowknife City project. Drilling results incl. 23m @ 1.03g/t Au from 10m. May 11, 2020, Vancouver, B.C. – Gold Terra Resource Cor | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Joseph Campbell (Internal) | |
| ABSTRACT: | May 11, 2020, Vancouver, B.C. – Gold Terra Resource Corp. (TSX-V: YGT; Frankfurt: TX0; OTC Pink: TRXXF) (“Gold Terra” or the “Company”) is pleased to announce the results of 10 drill holes from Sam Otto South (Link to map) on its 100% wholly-owned Yellowknife City Gold (“YCG”) project in the Northwest Territories. To date, Gold Terra has released the assay results of 28 holes from its 36 holes winter drilling program totaling 10,989 metres. This drilling targeted the northern part of Sam Otto South. All 10 holes intersected gold mineralization, indicating the potential to add to the current inferred mineral resource estimate dated November 4, 2019 (the “2019 Mineral Resource Estimate”). President and CEO David Suda stated: “Our stated goal prior to this drilling campaign was to establish continuity and potentially increase the current mineral resource. Results to date have demonstrated continued success in expanding the footprint of the Sam Otto South gold mineralized system. For example, very good continuity is shown on Section 3400N with holes TSO20-074 and 077 announced today. We look forward to receiving the assay results from the remaining holes in the untested central zone and Main Zone of Sam Otto.” | |
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