Northwire Canada EditionMonday, November 2, 2026
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Gold 3,968.40 +1.8% Silver 51.00 +3.5% Copper 6.57 +1.3% Oil 97.19 −6.7% Palladium 971.00 −1.7% CDA 0.820 +0.0% SGML 8.10 −14.7% REC 0.075 +36.4% MOLY 1.46 +7.3% NIM 0.610 +1.7% GMX 2.03 +1.5% LEGY 0.800 +0.0% LIB 0.660 +1.5% NOBL 0.075 +0.0% GER 0.005 + BOL 0.055 +0.0% ECR 0.175 −7.9% BBB 0.550 +1.9% WGLD 0.120 +0.0% GLD 0.040 +0.0% TECT 1.52 +10.9% Gold 3,968.40 +1.8% Silver 51.00 +3.5% Copper 6.57 +1.3% Oil 97.19 −6.7% Palladium 971.00 −1.7% CDA 0.820 +0.0% SGML 8.10 −14.7% REC 0.075 +36.4% MOLY 1.46 +7.3% NIM 0.610 +1.7% GMX 2.03 +1.5% LEGY 0.800 +0.0% LIB 0.660 +1.5% NOBL 0.075 +0.0% GER 0.005 + BOL 0.055 +0.0% ECR 0.175 −7.9% BBB 0.550 +1.9% WGLD 0.120 +0.0% GLD 0.040 +0.0% TECT 1.52 +10.9%
Drill Results Routine +

Gold Terra Adds Another Intersection of 6.40 g/t Gold over 3.4 Metres in Zone 14-24, North Belt Area, Walsh Lake Gold Corridor, NWT

Gold Terra’s Walsh Lake drill results validate its brownfield expansion strategy despite the company facing tight liquidity constraints.

By The Northwire Desk — AI Analysis Jun 11, 2026 · 07:00 YGT · 0.185 Gold Terra Resource Corp.
Executive Summary
  • Gold Terra Resource Corp. announced additional assay results from its completed 2026 Winter Drill Program at the Walsh Lake gold corridor within its 100% owned Yellowknife Project.
  • The program completed approximately 4,905 metres across 15 holes, successfully delineating Zone 14-24 and extending the Walsh Lake corridor to a 700m x 200m area.
  • Significant high-grade intercepts were reported, including 6.40 g/t Au over 3.4 metres and 1.11 g/t Au over 17.5 metres, with visible gold and sulphide mineralization noted.
  • This follows a series of high-grade results released throughout Q1 and Q2 2026, including 22.46 g/t Au over 5.7 metres in April and 9.53 g/t Au over 11.10 metres in April.
  • The company plans further drilling in June on the 103N Zone and aims to release a second MRE update in Fall 2026 incorporating all winter results.
Material Impact
  • The news is a routine positive update that aligns with the company's previously announced winter drilling program and May 2026 MRE update.
  • It does not introduce new strategic partnerships, financing, or material changes to the project economics.
  • The results are consistent with the high-grade nature of the Campbell Shear and Walsh Lake targets, reinforcing the brownfield exploration thesis but not altering the near-term catalyst timeline.
  • Market expectations were already priced in following the May MRE update and prior drill results.
YGT · Price
Company Overview
  • Gold Terra Resource Corp. is a pre-revenue junior explorer focused on the Yellowknife Project in the Northwest Territories.
  • The flagship asset is the Con Mine Option Property, a 100% interest purchase agreement with a Newmont subsidiary, valid until November 2027.
  • The historic Con Mine produced 6.1 million ounces of gold at an average grade of 15-20 g/t Au between 1938 and 2003.
  • The company is conducting brownfield exploration along the Campbell Shear and Yellorex Trend, targeting near-surface extensions and depth targets.
  • The May 2026 MRE added 595,000 inferred ounces at Zone 103N, bringing total inferred resources to approximately 895,000 ounces across updated deposits.
Read the original news release →

More from Gold Terra Resource Corp.

Oct 15, 2026 · 09:15

Gold Terra schedules a community town hall and reiterates Mineral Resource Estimate and Preliminary Economic Assessment milestones for late 2026 or early 2027.

Production / Operations Sep 29, 2026 · 10:46

Gold Terra reports visible gold in tailings at its project, though the finding is based on a promoter’s teaser rather than verified assay results.

Drill Results Sep 17, 2026 · 07:00

Gold Terra expands drilling to three rigs at the Con Mine tailings and shear targets.

Drill Results Aug 24, 2026 · 07:00

Gold Terra granted 3.8 million options at $0.205 to sonic drill Con Mine tailings.

Drill Results Aug 07, 2026 · 07:00

Gold Terra advances Con Mine option drilling after closing a $10.8 million placement to fund exploration activities.

Drill Results Aug 06, 2026 · 16:00

Gold Terra closes a second tranche of $10.8m financing to fund drilling at the Con Mine tailings and shear zones.

Financings