Drilling at Yellorex, Campbell Shear
With the highly anticipated Phase 2 drilling program underway since July 16th, testing the Campbell Shear at the Yellorex zone immediately south of the Con Mine (Yellowknife City Gold project, Northwest Territories, Canada) and optioned from Newmont, Gold Terra Resource (TSXV:YGT)(OTCQX:YGTFF)(FRA:TXO) was finally able to announce the first drill results. The assays of hole GTCM21-014 came back from the lab, and it was a solid result, with 4.57m @ 11.22g/t Au from 357m. As a quick reminder, the Campbell Shear produced approximately 5 of the 6 million ounces of gold produced at the former Con Mine (1938-2002), is the main reason Executive Chairman Gerald Panneton (of Detour Gold fame) joined the company, and is the priority target for management.
All presented tables are my own material, unless stated otherwise.