Gold Terra: A Golden Opportunity in Yellowknife's Rich Mining Landscape

September 12, 2023

Investing in Gold Stocks

Gerald Panneton, Chairman & CEO of Gold Terra, a seasoned professional with 40 years in gold exploration, leads the company's efforts in the Yellowknife mining camp. Gold Terra owns substantial land, including the former Con Mine that ceased production in 2003 due to falling gold prices after yielding 6.1 million ounces of gold. Their land spans 900 square kilometers, encompassing the valuable Campbell Shear, a significant gold deposit structure.

The company aspires to uncover 5-10 million additional ounces of gold in this region. Capitalizing on Yellowknife's infrastructure and a skilled team, Gold Terra aims for efficient operations and cost savings. Panneton's achievements involve founding Detour Gold, Canada's largest gold mine, which sold for $5 billion. Gold Terra's main focus lies in advancing their sustainable, high-grade, and cost-effective project. They plan to update their resource estimates post-ongoing drilling and subsequently conduct a preliminary economic assessment.

For more information on Gold Terra Resource Corp. (TSX.V: YGT, OTC: YGTFF) please click the request investor info button.

You might also like

Metals & Mining
Lion One Metals: First Gold Bar Production and Expansion Prospects

Lion One Metals has achieved a significant milestone by producing its first gold bar.

Metals & Mining
Lumina Gold: Sparkling Future with $300 Million Investment

Lumina Gold has taken a significant step forward in developing Ecuador's largest gold deposit by securing a substantial $300 million financing deal with Wheaton Precious Metals.

Content Broadcast on: BNN Bloomberg, CNBC, Bloomberg, FOX Business News, BIZTV, Reuters, YouTube and more!