An exceptional land package close to infrastructure

Gold Terra holds a portfolio of gold exploration assets in the well-established mining jurisdictions of the Northwest Territories and New Brunswick. Both areas have substantial exploration upside with a history of high-grade gold results, along with the advantage of existing supporting infrastructure in place. The most advanced of these assets is the Con Mine Option Property, which is adjacent to the city of Yellowknife, Northwest Territories. Gold Terra recently announced an initial mineral resource estimate (“MRE”) of 109,000 gold ounces in the Indicated category and 432,000 gold ounces in the Inferred category on the Con Mine Option Property. The Yellowknife City Gold project (“YCG”) is contiguous to the Con Mine Option Property and has an Inferred mineral resource of 1.2 million ounces (March 2021).

The Company’s focus is on high-grade gold targets on its 100% owned +800 square km land position along the prolific Campbell Shear structure package which is on the same trend as two of the highest-grade gold mines in Canada, the Giant Mine (produced 8.1 Moz @ +0.6 oz/t (22g/t Au)) and the Con Mine (produced 6.1 Moz @ +0.5 oz/t (15g/t Au)) immediately north, south and east of the City of Yellowknife. The Con Mine Option Property has added a key piece of ground to the Company’s NWT land holdings with potential to add high-grade gold resources on more than 20 square kilometres consolidating Gold Terra’s exceptional district-size land holdings to 820 square kilometres.

The Company also holds the Mulligan Gold Project in New Brunswick which has yielded high-grade sampling results and was acquired in 2019 as part of the acquisition of Gold Matter Corporation.

Con Mine Option Property and Yellowknife City Gold Project Overview Map:

Mulligan Property Overview Map:

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