# Gold Terra Announces Fall Drilling with Three \(3\) Rigs Active on the Con Mine, Yellowknife, NWT

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/gold-terra-announces-fall-drilling-with-three-3-rigs-active-on-the-con-mine-yell--349ef24d-a79a-4d1d-8ecf-525892e5083a

Original source: https://www.accessnewswire.com/newsroom/en/metals-and-mining/gold-terra-announces-fall-drilling-with-three-3-rigs-active-on-the-con-mine-yello-1222719

Publisher: accesswire

Original announcement: 2026-09-17T11:16:03.828Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-17T11:19:37.218Z

Atlas analysis updated: 2026-09-17T11:19:37.218Z

- Company: Gold Terra Resource Corp.

- Ticker: YGT

- Exchange: Unavailable

- Region: Northwest Territories

- Primary commodity: Gold

- Secondary commodities: Antimony, Arsenic

- Document categories: Drill results, Resource update

- Extracted: 2026-09-17 11:19:37 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Gold Terra has expanded its fall drilling program at the Con Mine Option Property, adding two additional rigs. The program targets the historical Tailings Storage Facility and the Yellorex deposit to support an upcoming Preliminary Economic Assessment \(PEA\).

Reasoning: The company is expanding its drilling program to delineate ounces for a PEA. While a significant 5.3m intersection was noted, the actual gold grade is pending assay results.

- Positive factor: Successful intersection of Campbell shear

- Positive factor: Significant intercept of 5.3m reported

- Positive factor: Presence of visible gold noted in downhole log

- Negative factor: Assays for the primary intercept are still pending

- Negative factor: Presence of deleterious elements \(As, Sb\) noted in geological logs

Facts used in scoring: 2

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release names a Qualified Person \(Joseph Campbell\) who reviewed and approved the technical information.

Evidence · text

> The technical information contained in this news release has been reviewed and approved by Joseph Campbell, a Qualified Person

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: Geological logs for hole GTCM26-061a explicitly mention trace antimony \(Sb\) and arsenic \(As\).

Evidence · text

> hosting flecks of VG, trace Sb, Py and As

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### GTCM26-061a

[Link to this fact](https://atlas-staging.minestarters.com/news/gold-terra-announces-fall-drilling-with-three-3-rigs-active-on-the-con-mine-yell--349ef24d-a79a-4d1d-8ecf-525892e5083a#fact-drill-facts-0)

Con Mine Option · gold

#### Identity

- Hole ID: GTCM26-061a
- Project: Con Mine Option
- Commodity: gold
- Region: northwest territories
- Reported Region: northwest territories
- Ticker: YGT

#### Geometry

- Intercept: 5.3 m
- From: 845.6 m
- To: 850.9 m
- Intercept Depth: 845.6 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: GTCM26-061a:845.6-850.9
- Mining Method: underground

#### Location

- Location: Zone 103 North
- Loc. Source: document

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Deleterious

- Deleterious Flag: Yes
- Deleterious Elements: arsenic, antimony

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: A 5.3m intersection of the Campbell shear was reported with visible gold noted in the log, though the specific grade is pending assay.

- Positive factor: Significant width of 5.3m

- Negative factor: Assays pending

- Negative factor: Deleterious elements noted in log

Evidence · text

> GTCM26-061a recently completed has also intersected the Campbell shear with a very good intersection of 5.3 metres from 845.6 to 850.9 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Deleterious Elements Present**

Polarity: negative

Definition: Penalty elements \(arsenic, antimony, etc.\) or refractory concerns noted in the release.

Why it applies: deleterious\_flag is true

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Gold Terra is currently focusing its drilling on the Campbell Shear, where approximately 14 Moz of gold has been produce"

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/gold-terra-announces-fall-drilling-with-three-3-rigs-active-on-the-con-mine-yell--349ef24d-a79a-4d1d-8ecf-525892e5083a#fact-resource-facts-1)

gold

#### Identity

- Commodity: gold
- Region: northwest territories
- Reported Region: Northwest Territories
- Ticker: YGT

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:f0a0b6294b6547d93875
- Deposit or zone: Zone 103N
- Mining method: underground
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 5083000
- Grade: 3.64
- Grade Unit: g/t
- Contained Metal: 595000
- Contained Unit: oz
- Cutoff Grade: 2.2
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: The company is drilling to delineate additional ounces to this existing inferred resource.

- Positive factor: Established resource base

Evidence · text

> Underground Inferred Mineral Resource of 5,083,000 tonnes averaging 3.64 g/t Au for 595,000 ounces of contained gold , using a cut off grade of 2.2 g/t

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
