Gold Terra Expands Drilling at Con Mine Project with Additional Rigs

Gold Terra Resource Corp has announced the expansion of their 2026 Fall drilling program at the Con Mine Option Property (CMO) in Yellowknife, Northwest Territories. The program, which began in July, now includes three rigs. The drilling aims to bolster findings for an upcoming Preliminary Economic Assessment (PEA). Target areas include Zone 103 North, the historical Con Mine Tailings Storage Facility (TSF), and the Yellorex site.

The company has a purchase agreement to acquire 100% of the CMO property from Newmont Corporation, pending certain conditions. Gold Terra's drilling efforts focus on delineating additional ounces of gold, potentially aiding a future restart of operations at the site.

Gold Terra recently secured approximately C$10.1 million in funding, allocating around C$7.2 million for ongoing drilling programs. This initiative underscores their objective of re-establishing Yellowknife as a major gold mining district in Canada.