Curated News
By: NewsRamp Editorial Staff
April 18, 2024
Gold Terra Resources Unveils Significant Gold Discoveries in Deep Drill Hole Targeting Campbell Shear at Con Mine Property
TLDR
- Gold Terra Resources' deep drill hole targeting the Campbell Shear has yielded significant gold mineralization discoveries, providing a potential competitive advantage in the mineral exploration industry.
- The drill hole has intersected the Con Shear and new gold mineralization discoveries, characterized by intense silicification of mafic volcanic and intermediate intrusive rocks.
- The discoveries at Gold Terra Resources have the potential to make tomorrow better by unlocking further value and potential within its exploration portfolio, thus contributing to the industry's overall mineral assets.
- Gold Terra Resources' latest discoveries of gold mineralization and geological complexity underscore the company's proactive exploration initiatives and commitment to maximizing shareholder value.
Impact - Why it Matters
The discoveries made by Gold Terra Resources have significant implications for the company's exploration initiatives and shareholder value. The expansion of the initial Mineral Resource Estimate and the unlocking of further value and potential within the extensive exploration portfolio indicate a promising future for the company and its stakeholders. These developments also reflect the company's proactive approach to exploration and resource expansion, underscoring its commitment to uncovering the full potential of its mineral assets.
Summary
Gold Terra Resources Chairman and CEO Gerald Panneton unveiled exciting developments regarding the company's deep drill hole targeting the Campbell Shear beneath the Con Mine workings. The drill hole has yielded significant results, including the intersection of the Con Shear from 1366 to 1405 meters, new gold mineralization discoveries, and insights into the geological complexity and mineralization potential of the area.
The 2024 deep drilling program aims to expand upon the initial Mineral Resource Estimate from September 2022, identifying 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold. With these latest discoveries, Gold Terra Resources is poised to unlock further value and potential within its extensive exploration portfolio, evident in its proactive approach to exploration and resource expansion.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, Gold Terra Resources Unveils Significant Gold Discoveries in Deep Drill Hole Targeting Campbell Shear at Con Mine Property
