18 May 2021
May 18, 2021, Vancouver, B.C. – Gold Terra Resource Corp. (TSX-V: YGT; Frankfurt: TX0; OTC QX: YGTFF) (“Gold Terra” or the “Company”) is pleased to announce assay results for two drill holes from the Company’s Phase 1 drilling program at the Company's optioned property from Newmont Ventures Limited and Miramar Northern Mining Limited (the "Newmont Option") adjacent to its Yellowknife City Gold Project ("YCG"), NWT. The latest drill results extend the Kam Point North zone 200 metres deeper, confirming down dip continuity. Kam Point North is situated approximately 1 kilometre south of the high-grade Yellorex zone reported previously (see figure 2). Drill results continue to confirm the strike continuity of gold mineralization for over two kilometres in the Campbell Shear structure from which the former Con Mine produced 5 million ounces of gold.
President and CEO David Suda stated, “We have successfully intersected new gold mineralized lenses and the presence of gold mineralization below 350 metres vertical depth in the southern part of the Newmont Option. These latest results confirm the continuity of gold mineralization below the Kam Point North zone that are comparable to the same high-grade mineralization style mined at the Con Mine. We have now identified vectors to the higher-grade lenses within the broader Campbell Shear structure. Using these vectors we will further test and build on our success this coming July with our 10,000 metre Phase 2 drilling program along the Campbell shear structure, which remains open at depth and along strike in both directions.”