Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
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 →

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