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Gold Terra launches sonic drilling to assess gold in Con Mine historical tailings in Yellowknife, NWT

Gold Terra launches sonic drilling to assess gold in Con Mine historical tailings in Yellowknife, NWT

ReutersReuters2026/08/24 11:03
  • Gold Terra launched a sonic drilling program to assess residual gold in historic Con Mine tailings near Yellowknife, Northwest Territories.
  • Work is slated to start in early September 2026, targeting the Upper Pud tailings storage facility with about 148 holes to 20–30 meters.
  • Sampling aims to estimate tailings tonnage, grade, potential Indicated-category resource, then support metallurgical tests to gauge recoveries.
  • Option to acquire 100% of the Con Mine Option property from a Newmont subsidiary runs through Nov. 21, 2027.
  • Board granted options for 3,800,000 shares at C$ 0.21, exercisable for five years, with vesting starting six months after issue.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gold Terra Resource Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608240700ACCESSWRNAPR_____1210934) on August 24, 2026, and is solely responsible for the information contained therein.

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