# Gold Terra Announces Start of Drilling on the Campbell Shear Northern Zone 103N Extension to Expand 2026 MRE of Inferred 595,000 Ounces, Con Mine, Yellowknife, NWT Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/gold-terra-announces-start-of-drilling-on-the-campbell-shear-northern-zone-103n--2cad7310-6dca-4f81-97bb-46ba4e1f405e Original source: https://money.tmx.com/en/quote/YGT/news/5143069755335181/gold-terra-announces-start-of-drilling-on-the-campbell-shear-northern-zone-103n- Publisher: tmx Original announcement: 2026-08-07T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Gold Terra Resource Corp. - Ticker: YGT - Exchange: TSX - Region: Northwest Territories - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-17 06:28:02 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Gold Terra has commenced drilling at the Zone 103N extension of the Campbell Shear to expand its existing inferred gold resource. The company currently holds an inferred resource of 595,000 ounces at the site and is working toward a Preliminary Economic Assessment by year-end 2026. Reasoning: The announcement marks the commencement of a drilling program aimed at expanding an existing inferred resource, supported by recent financing. - Positive factor: Start of drilling on Zone 103N extension - Positive factor: Existing inferred resource of 595,000 oz provides a baseline for expansion - Positive factor: Proximity to vital infrastructure in Yellowknife - Positive factor: Recent capital raise of C$ 9.2 million to fund drilling - Negative factor: Resource is entirely Inferred category Facts used in scoring: 2 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The reported resource for Zone 103N is entirely in the inferred category. Evidence · text > Underground Inferred Mineral Resource of 5,083,000 tonnes averaging 3.64 g/t Au for 595,000 ounces of contained gold **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drilling is targeting the 103N extension of the Campbell Shear. Evidence · text > drilling has started on Zone 103N, considered to be the northern extension of the Campbell Shear **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release names a Qualified Person \(Joseph Campbell\) responsible for the technical information. Evidence · text > reviewed and approved by Joseph Campbell, a Qualified Person ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (1) ### GTCM26-061 [Link to this fact](https://atlas-extractions.minestarters.com/news/gold-terra-announces-start-of-drilling-on-the-campbell-shear-northern-zone-103n--2cad7310-6dca-4f81-97bb-46ba4e1f405e#fact-drill-facts-1) Campbell Shear / Con Mine #### Identity - Hole ID: GTCM26-061 - Project: Campbell Shear / Con Mine - Region: northwest territories - Reported Region: northwest territories - Ticker: YGT #### Classification - Program: exploration - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-07T00:00:00.000Z Reasoning: The hole is identified as the first drill hole of the new program, but specific assay results are not yet provided in this release. Evidence · text > The current initial drill hole, GTCM26-061 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Gold Terra is currently focusing its drilling on the Campbell Shear, where approximately 14 Moz of gold has been produce" ## Resource Estimates (1) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/gold-terra-announces-start-of-drilling-on-the-campbell-shear-northern-zone-103n--2cad7310-6dca-4f81-97bb-46ba4e1f405e#fact-resource-facts-0) Campbell Shear / Con Mine · gold #### Identity - Project: Campbell Shear / Con Mine - Commodity: gold - Region: northwest territories - Reported Region: Northwest Territories - Ticker: YGT #### Resource scope - Estimate type: resource - Effective date: 2026-06-26T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:7fcb3a6c13ac616b8e49 - Deposit or zone: Zone 103N - Mining method: underground - Material type: unknown - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 5083000 - Grade: 3.64 - Grade Unit: g/t - Contained Metal: 595000 - Contained Unit: oz #### Prior Estimate - Resource Date: 2026-06-26 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-08-07T00:00:00.000Z Reasoning: This is a restatement of the June 2026 MRE used to provide context for the new drilling program. - Positive factor: Solid grade of 3.64 g/t Au - Negative factor: Entirely inferred category Evidence · text > Underground Inferred Mineral Resource of 5,083,000 tonnes averaging 3.64 g/t Au for 595,000 ounces of contained gold #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.