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Gold Terra Resources Corp.
Summary
| Project: | Yellowknife City | |
|---|---|---|
| Deposit: | Sam Otto South | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-4-2020: Gold Terra Resources Corp. announces an Exploration/Drilling Update report for its Sam Otto South deposit at the Yellowknife City project. Drilling results incl. 5.75m @ 2.5g/t Au from 92.67m. April 22, 2020, Vancouver, B.C. – Gold Terra Resour | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joseph Campbell (Internal) | |
| ABSTRACT: | April 22, 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 holes from Sam Otto South (See Map) on its 100% wholly-owned Yellowknife City Gold (“YCG”) project in the Northwest Territories. This drilling targeted the expansion of the known mineralization in the ‘main zone’ and the new ‘hanging wall zone’ at Sam Otto South. All 10 holes intersected gold mineralization, indicating the potential to add to the current inferred mineral resource dated November 4, 2019 (the “Mineral Resource Estimate”), as detailed in the technical report prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), available under our profile on SEDAR at www.sedar.com. To date, Gold Terra has released the assay results of 18 holes from its 36 holes drilled this winter at Sam Otto with assays pending. President and CEO David Suda stated: “We are confirming the continued expansion of gold mineralized zones at Sam Otto. In addition to expanding known mineralization, we are successfully drilling new zones which bolster our confidence in the possibility of adding gold ounces to the next resource update of Sam Otto.” | |
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