Mining Stock Education

Gold Terra Confirms Mineralization Next to Former High-grade Gold Mine with Gerald Panneton

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Sinopsis

Executive Chairman Gerald Panneton discusses Gold Terra’s completed phase 1 drill program at its project immediately adjacent to the high-grade former-producing Con Mine (5+M AuOz) outside of the city of Yellowknife in Canada’s Northwest Territories. Gold Terra recently acquired an option on this property from its owner Newmont. The Con Mine produced approximately 5.1 million ounces of gold between 1946 and 2005 at an amazing grade of 15 g/t, and over widths of up to 100 metres. Gerald said that this phase 1 program confirmed the extension and continuation of the Con Mine’s mineralization onto Gold Terra’s optioned property and was thus successful. Phase 2 drilling of 10,000 metres will begin in July and will produce drill result news flow consistently from August into the fall. 0:00 Introduction 0:35 Phase 1 10,000m drill program completed 3:45 Was phase 1 successful? 4:53 Covid a hindrance at all? 6:47 Cost of drilling 8:25 Results of phase 2 Aug-Nov 9:05 30,000 to 40,000m winter drilling 9:37 Gold sec