Gold Terra Resources Chairman and CEO Gerald Panneton joined Steve Darling from Proactive to share news the company has provided an update on drilling activities at the Con Mine Property in the Northwest Territories. The primary focus is on drill hole GTCM23-055, which has intersected the upper section of the high-grade gold-bearing Campbell Shear.
Drill hole GTCM23-055 successfully intersected the upper portion of the Campbell Shear, a well-known gold-bearing geological feature. This intersection occurred at a downhole depth of 2,080 meters from the surface. The primary objective was to test for gold mineralization within this shear zone.
Gold Terra Resources is continuing its drilling operations, with the drill bit currently progressing through the Campbell Shear. The primary objective of Gold Terra Resources' 2023 drilling program is to expand upon the initial Mineral Resource Estimate made in September 2022.