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Goldinvest Consulting GmbH
ISIN: CA38076F1053
WKN: A2P0BS
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Goldinvest Consulting GmbH · ISIN: CA38076F1053 · EQS - Company News (1 News)
Country: Germany · Primary market: Canada · EQS NID: 2065861
13 January 2025 08:25AM

This is why a 3,000-meter drill hole is a good idea for a junior explorer


Issuer: Goldinvest Consulting GmbH / Key word(s): Drilling Result/Miscellaneous
Gold Terra: This is why a 3,000-meter drill hole is a good idea for a junior explorer

13.01.2025 / 08:25 CET/CEST
The issuer is solely responsible for the content of this announcement.


One of the ways in which the quality of an outstanding CEO is demonstrated is by recognizing opportunities and daring to do things that others simply lack the imagination to do. At that moment, it can come at the price of being pretty much alone. This description pretty much characterizes Gold Terra’s CEO, Gerald Panneton (67 years), and his current endeavor. No other junior explorer would have dared to drill a hole to a depth of 3,002 meters.

This innovative drill hole (GTCM24-056) from the current year 2024 was the deepest hole ever drilled on the property of the historic Con Mine of Newmont near Yellowknife. Gold Terra Resource’s (TSXV: YGT; FRA: TX0) business plan is simple: define 2 million ounces of very high grade gold through wedges from the existing master well, and then acquire the former Con mine from Newmont, including the historic 650,000 ounce resource at 11 g/t gold. Already, the Company has outlined a total resource of 542,000 @ appx 8 g/t (Sept 2022 MRE) near surface with its 2021 2022 drill program.

Learn more:

Gold Terra Resource: This is why a 3,000-meter drill hole is a good idea for a junior explorer

More mining news in Englis at www.goldinvest.de


Disclaimer: GOLDINVEST Consulting GmbH publishes comments, analyses and news on https://goldinvest.de. These contents serve exclusively the information of the readers and do not represent any kind of call to action, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. Furthermore, they do not in any way replace individual expert investment advice and do not constitute an offer to sell the stock(s) discussed or a solicitation to buy or sell securities. This is expressly not a financial analysis, but an advertising / journalistic text. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. There is no contractual relationship between GOLDINVEST Consulting GmbH and its readers or the users of its offers, because our information refers only to the company, but not to the investment decision of the reader.

The acquisition of securities involves high risks, which can lead to a total loss of the invested capital. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research, however, any liability for financial loss or the content guarantee for timeliness, accuracy, adequacy and completeness of the articles offered here is expressly excluded. Please also note our terms of use.

Pursuant to §34b WpHG and §48f Abs. 5 BörseG (Austria) we would like to point out that GOLDINVEST Consulting GmbH and/or partners, principals or employees of GOLDINVEST Consulting GmbH can hold shares of Gold Terra Resource and therefore a conflict of interest may exist. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares of the company at any time. Furthermore, GOLDINVEST Consulting GmbH is remunerated by Gold Terra Resource for reporting on the company. This is another clear conflict of interest.


Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Goldinvest Consulting GmbH
Kellinghusenstr. 15
20249 Hamburg
Germany
Internet: www.goldinvest.de
EQS News ID: 2065861

 
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