The latest news from Gold Terra includes the announcement of an updated independent Mineral Resource Estimate for the Yellorex, Zone 103N, and Crestaurum deposits, effective April 30, 2026. This estimate was prepared by SLR Consulting (Canada) Ltd and is part of the ongoing exploration efforts in the Yellowknife City Gold project area.

Gold Terra is targeting and expanding the Walsh Lake - Northbelt area in 2026, with ongoing drilling activities planned. The results from these drilling campaigns are expected to provide further insights into the mineral resources and potential of the project.

Gold Terra

TSXV:YGTLive AI agent

Gold Terra Resource Corp.

Investor website: https://goldterracorp.com/

About

Gold Terra Resource Corp. is focused on the exploration and development of gold properties in the Yellowknife City Gold project area in the Northwest Territories, Canada. The company aims to advance its projects through strategic exploration and development initiatives, leveraging the expertise of its management team and board of directors.

Verified company data

Cash position: not discovered
Shares outstanding: 468,697,484
Fully diluted shares: 477,503,734
Mineral resource: In November 2019, Gold Terra released its initial NI 43-101 mineral resource estimate on four deposits, which are just 12 km from the city of Yellowknife. In March, 2021, Gold Terra announced an mineral resource estimate for the Sam Otto, Crestaurum, Barney and Mispickel gold deposits of 1,207,000 Inferred ounces consisting of an open pit constrained Inferred mineral resource of 21.8 million tonnes averaging 1.25 g/t for 876,000 ounces of contained gold, and an underground Inferred mineral resource of 2.55 million tonnes averaging 4.04 g/t for 331,000 ounces of contained gold. (Refer to the October 21, 2022, technical report, titled "Initial Mineral Resource Estimate for the CMO Property, Yellowknife City Gold Project, Yellowknife, Northwest Territories, Canada" with an effective date of September 2, 2022, was prepared by Dr. Allan Armitage, P.Geo. from SGS, an Independent Qualified Person as defined under NI 43-101 at [Gold Terra Oct 21, 2022, Technical Report](https://goldterracorp.com/site/assets/files/2818/gold_terra_2022_43101_report_for_ycg_project_initial_re.pdf)). On May 15, 2026, Gold Terra announce the results of an updated, independent, Mineral Resource Estimate prepared by SLR Consulting (Canada) Ltd on the Yellorex, Zone 103N, and Crestaurum deposits, part of YP Project. The Northbelt-Walsh Lake deposits, Sam Otto, Barney and Pickel (formerly Mispickel), were not included in the 2026 updated Mineral Resource Estimate. The previous Technical Report for those deposits was prepared by SGS (refer to the Gold Terra Oct 21, 2022, Technical Report). The 2026 updated Yellorex, Zone 103N, Crestaurum deposits Mineral Resource Estimate for the project is summarized in Table 1, with an effective date of April 30, 2026. **Table 1: Summary of Yellorex, Zone 103N, and Crestaurum – effective date April 30, 2026** | **Deposit** | **Conceptual** **Operating** **Scenario** | **Category** | **Tonnage (kt)** | **Average Grade** **(g/t Au)** | **Gold Contained** **Metal (koz)** | | --- | --- | --- | --- | --- | --- | | **Zone 103N** | **UG** | Inferred | 5,083 | 3.64 | **595** | | **Yellorex** | **UG** | Indicated | 145 | 5.15 | **24** | | Inferred | 1,462 | 3.79 | **178** | | **Crestaurum** | **OP** | Indicated | 525 | 4.07 | **69** | | Inferred | 566 | 3.40 | **62** | | **UG** | Indicated | 59 | 5.32 | **10** | | Inferred | 423 | 4.39 | **60** | | **Total** | Indicated | 584 | 4.21 | **79** | | Inferred | 989 | 3.84 | **122** | | **All Deposits** **Total** | **Indicated** | **729** | **4.39** | **103** | | **Inferred** | **7,534** | **3.69** | **895** | | **Notes:** 01. **CIM (2014) definitions were followed for Mineral Resources.** 02. **Mineral Resources are estimated above the following cut-off grades:** 1. **Zone 103N: 2.0 g/t Au** 2. **Yellorex: 2.2 g/t Au** 3. **Crestaurum: 0.7 g/t Au (OP); 2.2 g/t Au (UG)** 03. **Mineral Resources are estimated using a long-term gold price of US$2,600 per ounce, and a US$/C$ exchange rate of 1.35.** 04. **Bulk density in domains ranges between 2.65 t/m** **3** **and 2.85 t/m³.** 05. **Metallurgical recovery for gold is 90%.** 06. **A 50 m crown pillar beneath the lake, measured from the base of the overburden, is applied at Yellorex.** 07. **Mineral Resources are reported within an optimized pit shell and/or underground resource panels prepared using Deswik Stope Optimizer (DSO).** 08. **A minimum mining width of 1.5 m is applied to underground resources; and 4 m for open pit resources.** 09. **Numbers may not add or multiply accurately due to rounding.** 10. **OP - open pit; UG – underground**
Projects: ["100% OWNED Yellowknife Project EXPLORATION OVERVIEW\nThe Yellowknife Project (YP) lies within the prolific Yellowknife greenstone belt and covers the northern and southern extensions of the shear system that hosts the former high-grade Con mine (6.1 Moz produced) and Giant mine (8.1 Moz produced) for a total of 14 Moz of gold produced. The project area contains numerous gold showings and multiple shear structures which are the recognized hosts for high-grade gold deposits in the Yellowknife gold district. Being all-season road accessible and all within 10 to 40 kilometres of Yellowknife, the YP is close to vital infrastructure, including transportation, service providers, hydro-electric power and skilled trades people.\nGold Terra started exploration activities in 2013 on the initial 37 km² property and has subsequently assembled a highly prospective district-scale land position, which overall has been relatively unexplored. Gold Terra has carried out geological mapping and sampling, geochemical and geophysical surveys, and an extensive compilation of all prior exploration activities, including re-sampling of historic drill core.\nThe 2026 drilling is targeting and expanding the Walsh Lake -Northbelt area, 20 kilometres north of Yellowknife. The Pickel (formerly Mispickel) zone was previously drilled in 2022 (19 holes for 6,011 metres completed) and intersected high-grade assays including: GTWL22-002 = 19.00 g/t Au over 4 metres including 73.9 g/t Au over 1 metre; GTWL22-004 = 7.63 g/t Au over 3 metres including 22.5 g/t Au over 1 metre; and GTWL22-0014 = 31.89 g/t Au over 3 metres including 69.4 g/t Au over 1 metre (see August 25, 2022 press release)."]
Leadership: Gerald Panneton (Chairman and Chief Executive Officer, Geologist with over 35 years of experience in gold mining exploration and development. Founder of Detour Gold Corporation, instrumental in the Detour Lake project's growth and production.), Mark T. Brown, B.Comm., CPA, C.A (Chief Financial Officer, Chartered Professional Accountant with 30 years of financial experience in publicly listed companies and capital markets.), Todd Burlingame (Chief Development Officer, Extensive experience in resource development and project management in the NWT.), Joseph Campbell, P. Geo (Senior Technical Advisor, Professional geologist with over 40 years of global experience in exploration and mining, founder of Gold Terra.), Louis Dionne (Senior Technical Advisor, Former mine manager with over 20 years in gold property operations and development.), David Suda (Advisor, Financial services professional with 11 years of experience in capital markets and corporate strategy.)

Verified data last updated: 2026-08-14

Gold Terra

About

Verified company data

Recent filings

Investor FAQ