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Detour Lake founder sets sites on Yellowknife projects
Description
Gold Terra is an advanced-stage junior exploration company drilling to expand its gold mineral resources in Yellowknife, NWT, Canada. On Wednesday, Mining Stock Daily interviewed Chairman & CEO, Gerald Panneton, previous founder of Detour Gold. Last decade Detour Lake project grew over tenfold from 1.5 million ounces in resources to over 16 million ounces in reserves and was brought into production in just over six years. Current drilling at Gold Terra is on the prolific Campbell Shear, the main mineralized shear system that has historic production of approximately (14 Moz @16-22 g/t) Au). Gold Terra’s focus is on Con Mine Option property where deep drilling has intersected the Campbell Shear below the underground workings of the past producing Con Mine (6.1 Moz @ 16-20 g/t Au).