Production / Operations
Gold Terra looks back at 2025, ahead to 2026

YGT · Price
Executive Summary
- Gold Terra Resource Corp. outlined its 2025 achievements and announced a fully funded 2026 exploration plan targeting over 15,000 metres of drilling in the first half of the year.
- The company confirmed the presence of the Campbell shear at depth below existing underground workings, adding significant potential for additional gold ounces.
- Key 2025 milestones include a $2-million early exercise of a royalty option by OR Royalties, a $7-million successful financing from strategic investors, and the receipt of government mineral incentive grants.
Key Details
- 2026 Drilling Plan: The company intends to drill more than 15,000 metres in the first half of 2026, which is fully funded.
- Technical Discovery: Confirmation of the Campbell shear at depth, below existing underground workings, with potential to add ounces to the resource.
- Royalty Agreement: OR Royalties elected to early exercise its first option on the 2015 royalty agreement for a cash consideration of $2-million.
- Financing: A $7-million successful financing was completed in November 2025 with three major strategic investors: Eric Sprott, David Harquail, and Mckenzie Funds.
- Government Grants: Receipt of two government mineral incentive grants totaling $257,560 designated for winter 2026 drilling.
- Project Context: The Yellowknife Project (YP) encompasses 836 square kilometres near Yellowknife, NWT. The company is focusing on the Campbell shear (approx. 14 million ounces produced historically) and the CMO property claims south of the past-producing Con mine (6.1 million ounces produced between 1938 and 2003).
- Technical Review: Technical information reviewed and approved by Joseph Campbell, a qualified person under National Instrument 43-101.
Notable Quotes
- "Gold Terra has had a very good transitional year with both technical and corporate achievements that bring value to our shareholders. We cannot ignore the 2025 gold market performance of the last few months to support our exploration effort in Yellowknife. We are also very confident that 2026 will bring more successes as we intend to have more than 15,000 metres of drilling planned in the first half of 2026 that is fully funded." — Gerald Panneton, Chairman and CEO
- "This last year has been pivotal for Gold Terra as we are entering a new phase and a clear path forward to create value for our shareholders and a solid future for the community of Yellowknife." — Gerald Panneton, Chairman and CEO
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Jul 24, 2026 · 16:15