Gold Terra Announces Visible Mineralization in Hole CMUP-005 in Early Sonic Drilling at the Con Mine Historical Tailings, Yellowknife, NWT
Original announcement by orestocks on
- Company
- Gold Terra Resource Corp.
- Ticker
- YGT.V
- Exchange
- Unavailable
- Region
- Northwest Territories
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-09-29 15:28:16 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Gold Terra has announced the discovery of visible gold in hole CMUP-005 during early sonic drilling at the Con Mine historical tailings. The program aims to evaluate the gold potential of the tailings as a potential source of additional ounces.
Reasoning: The discovery of visible gold in a historical tailings target confirms the exploration strategy, though specific assay values are pending.
Positive factors
- Discovery of visible gold in early sonic drilling
- Targeting high-grade historical tailings (16-22 g/t Au)
- Strategic location near existing infrastructure
Negative factors
- No assay grades reported for the specific intercept
- Early stage of program with limited metres completed
Facts used in scoring: 1
Classification and evidence
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The project targets historical tailings from the Con Mine, a known high-grade gold producer.
Evidence · text
“on the former Con Mine's historic tailings which is part of the Con Mine Option”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Drill Results (1)
CMUP-005Con Mine Option (CMO) · goldIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- CMUP-005
- Project
- Con Mine Option (CMO)
- Commodity
- gold
- Region
- northwest territories
- Reported Region
- northwest territories
- Ticker
- YGT.V
Geometry
- Intercept
- 1 m
- From
- 25 m
- To
- 26 m
- Intercept Depth
- 25 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CMUP-005:25-26
Location
- Location
- Con Mine Historical Tailings
- Loc. Source
- document
QA/QC
- Laboratory
- ALS
- QP Signed
- Yes
- QA/QC Methods
- standards
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-29T00:00:00.000Z
Reasoning: Visible gold is a strong qualitative indicator of mineralization in tailings.
Positive factors
- Visible gold observed in core
Negative factors
- No numeric grade provided
Evidence · text
“discovery of visible gold in early sonic drill hole, CMUP-005, at a depth of 25-26 metres”
Tags used in scoring
No QA/QC Disclosurenegative
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
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"
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.