BRIEF

on Goldinvest Consulting GmbH (isin : CA4957801083)

Gold Terra's Bold 3,000-Meter Drill: A Game Changer for Junior Explorers

Gold Terra's CEO, Gerald Panneton, is taking a bold step by drilling a 3,002-meter hole at the historic Con Mine near Yellowknife. This move, unprecedented among junior explorers, aims to define high-grade gold resources. The goal is to identify 2 million ounces of gold and possibly acquire the Con Mine from Newmont, which includes a historical 650,000-ounce resource at 11 g/t gold.

The current efforts already showcase a resource of 542,000 ounces at approximately 8 g/t near surface from past drilling programs. This strategic drilling could significantly impact Gold Terra's portfolio and future prospects in the mining industry.

R. P.

Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Goldinvest Consulting GmbH news