Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Gold Terra Announces 5.88 g/t Gold over 19.00 Metres Including 18.50 g/t Gold over 4.0 Metres in the Yellorex Area, Con Mine Option Property, Yellowknife, NWT

Gold Terra’s Yellorex drilling confirms Campbell Shear continuity ahead of a $15 million option spend.

By The Northwire Desk — AI Analysis Jun 23, 2026 · 07:00 YGT · 0.19 Gold Terra Resource Corp.
Executive Summary
  • Gold Terra Resource Corp. announced assay results from 11 additional drill holes in its 2026 Winter Drill Program targeting the Yellorex zone on the Con Mine Option (CMO) property.
  • Key intercepts include 5.88 g/t Au over 19.00m in hole GTY26-22, including 18.50 g/t Au over 4.0m, and 19.39 g/t Au over 3.5m in hole GTY26-018.
  • Results reinforce the continuity of the Campbell Shear structure, which is the company's highest priority target.
  • The company outlined a pipeline of 2026 catalysts: drilling the 103N Zone extension, tailings reprocessing starting in August 2026, a Q3 2026 Mineral Resource Estimate (MRE) update, and a Year-End 2026 Preliminary Economic Assessment (PEA).
  • The Con Mine Option expires on November 21, 2027.
Material Impact
  • The June 23, 2026 drill results are consistent with the company's ongoing winter exploration program, which began in January 2026.
  • Intersections align with previous announcements (e.g., April 14 and March 17 releases) and do not represent a material deviation from expected geological continuity.
  • The news serves as a routine confirmation of the Campbell Shear's near-surface potential rather than a transformative discovery.
  • No new financing, strategic partnerships, or option exercise triggers are disclosed in this release.
  • The announcement maintains the existing development timeline but does not accelerate capital requirements or alter the near-term liquidity profile.
YGT · Price
Company Overview
  • Gold Terra Resource Corp. is a pre-revenue exploration and development company focused on the Yellowknife Gold Belt in the Northwest Territories, Canada.
  • The flagship asset is the Con Mine Option (CMO) property, which grants the right to acquire 100% of the historic Con Mine from a Newmont subsidiary. The Con Mine produced 6.1 million ounces of gold between 1938 and 2003.
  • The company is targeting the Campbell Shear, a 70km strike-length gold mineralized system. Key zones include Yellorex, Zone 103N, and Crestaurum.
  • The company also owns the Walsh Lake gold corridor, where recent drilling has extended known mineralization and identified new high-grade zones.
  • The project benefits from brownfield status, existing infrastructure, and a shorter permitting pathway compared to greenfield projects.
Read the original news release →

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Gold Terra Resource Corp

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