Gold Terra Corp’s (OTC – YGTFF | TSX.V – YGT) (sponsor) CFO, Mark T. Brown joined us for an update on their Yellowknife project. After raising C$7 million in a recent oversubscribed capital raise, the company is aggressively moving forward. Mark is the right person at the right time, as he formerly oversaw finances at Miramar Mining for the highly profitable adjacent Yellowknife Con Mine.
Drill results have been delayed due to COVID and increased mining activity, but will be out shortly. The Company is extremely optimistic about them. CEO Gerald Panneton of Detour Gold fame, said “…this project is more exciting than Detour Lake.” And considering that Detour was acquired by Kirkland Lake for nearly $5 billion, that means a lot. With all this going for it, Gold Terra is certainly worth a look.
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