Gold Terra Completes Deep Master Hole at Con Mine Option Property

Gold Terra Resource Corp, a Vancouver-based mining company, has completed its Phase 2 deep drilling program at the Con Mine Option (CMO) Property in the Northwest Territories. The master hole, GTCM24-056, was drilled to a depth of 3,002 metres and will serve as a primary axis for multiple wedge holes targeting the prolific Campbell Shear (CS).

The drilling aims to test for high-grade gold below the historic Con Mine underground workings. The CMO Property is under option from a Newmont Corporation subsidiary. Chairman and CEO Gerald Panneton highlighted that this approach allows for a comprehensive evaluation of the CS at a greater depth.

The drilling program will focus first on depths around -2700 metres. Key observations include quartz veining and signs of deformation in the core, which may indicate proximity to the CS. Previous results also revealed gold mineralization up to 13.90 g/t Au over 0.60 metres.

Gold Terra's ultimate goal is to expand on the existing Mineral Resource Estimate (MRE) and bolster the gold reserves. The Phase 2 program will consist of 5-7 wedge holes with an estimated drilling length of 3,000 metres.