# Gold Terra Announces Visible Mineralization in Hole CMUP-005 in Early Sonic Drilling at the Con Mine Historical Tailings, Yellowknife, NWT

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/gold-terra-announces-visible-mineralization-in-hole-cmup-005-in-early-sonic-dril--2c6f57d4-d7ec-488f-9d80-1c186500ec46

Original source: https://orestocks.com/company/YGT.V/press-releases/6542173415133119

Publisher: orestocks

Original announcement: 2026-09-29T14:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-29T15:28:15.752Z

Atlas analysis updated: 2026-09-29T15:28:15.752Z

- 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

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: Discovery of visible gold in early sonic drilling

- Positive factor: Targeting high-grade historical tailings \(16-22 g/t Au\)

- Positive factor: Strategic location near existing infrastructure

- Negative factor: No assay grades reported for the specific intercept

- Negative factor: Early stage of program with limited metres completed

Facts used in scoring: 1

## Classification and evidence

**Nearology Play**

Polarity: neutral

Definition: 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-005

[Link to this fact](https://atlas-staging.minestarters.com/news/gold-terra-announces-visible-mineralization-in-hole-cmup-005-in-early-sonic-dril--2c6f57d4-d7ec-488f-9d80-1c186500ec46#fact-drill-facts-0)

Con Mine Option \(CMO\) · gold

#### 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 factor: Visible gold observed in core

- Negative factor: 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 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

**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"

## 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.