The 918 km² project area is located around the former Con Mine, whose historical production was over 6 million oz of gold at 16–20 g/t. Gold Terra is currently drilling deep along the Campbell Shear – up to 2,580 m – in the hope of extending high-grade zones further – underground for future resource expansion.
Note: This page is regularly updated to provide you with the latest developments.
What is the Con Mine Option Property?
Gold Terra is exploring the site of the former Con Mine near Yellowknife. Deep drilling (up to 2,600 m) along the Campbell Shear shows high-grade gold zones below the historical pit, with further potential for resource increase.
How is the 2025 drilling campaign progressing?
The company will start a wedge program with 5–7 boreholes (approx. 3,000 m) in early 2025 to explore the Campbell Shear at a depth of 600–800 m below the existing infrastructure. The goal is to expand the mineral resources.
What resource size is being targeted?
Currently, there are approximately 1.21 million oz of gold in 21.8 Mt Inferred and 331,000 oz in Underground-Infered categories. Deep-hole results such as 12.93 g/t over 1.7 m (GTCM23‑055) mark significant depth potentials.
Who is behind the team?
CEO Gerald Panneton brings his experience from Detour Gold, while CFO Mark Brown comes from the financial sector. Joseph Campbell (founder) remains Senior Technical Advisor, supported by a board of directors with capital market and exploration expertise.
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