2 June 2020
Gold Terra Resource Corp. provides an update on its ongoing compilation of all available data on the high-grade Campbell Shear zone as the Company prepares for the next drilling campaign on its Yellowknife City Gold property ("YCGP") located adjacent to the past producing Con and Giant mines in the Northwest Territories. The Campbell and Giant Shear zones are prolific regional structures in the Yellowknife mining camp, responsible for the majority of the 14 million ounces ("Moz") of gold mined at the Con and Giant mines up to their closure in the early 2000s.
The Company's next drilling program will focus on high-grade gold, testing a number of targets on the Campbell Shear from the compilation work currently underway and on further expanding the Crestaurum high-grade deposit along strike and at depth. The Company will provide further details on the drilling campaign in the near future.
President and CEO David Suda stated: "The second half of 2020 will be the most exciting time for Gold Terra as the Campbell Shear system emerges as the primary focus for the next drilling campaign for a potential new discovery for Gold Terra. We are identifying a number of high-grade drill targets on the Campbell Shear and are also planning the next drilling campaign at the high-grade Crestaurum gold deposit to expand the current resource (November 2019)."