Gold Terra Contracts SLR for Preliminary Economic Assessment on the Con Mine Property and the Crestaurum Deposit, Yellowknife, NWT
Original announcement by tmx on
- Company
- Gold Terra Resource Corp.
- Ticker
- YGT
- Exchange
- TSX
- Region
- Northwest Territories
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Economic study, Resource update
- Extracted
- 2026-09-17 06:35:40 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Gold Terra Resource Corp. has engaged SLR Consulting to conduct a Preliminary Economic Assessment (PEA) for the Con Mine property and Crestaurum deposit in the Northwest Territories. The study, expected to be completed in December 2026, aims to provide a foundation for future development and potential pre-feasibility studies.
Reasoning: The announcement of a formal engagement to conduct a PEA is a positive development for project de-risking, though the study results themselves are not yet available.
Positive factors
- Engagement of SLR for PEA represents a key milestone towards development
- Project proximity to Yellowknife infrastructure
- Recent resource addition of 595,000 oz gold
Negative factors
- PEA is still in progress and not yet completed
Facts used in scoring: 2
Classification and evidence
PEA Onlyneutral
Only Class 4 / Initial Assessment economics available. Not bankable.
Why it applies: The company has engaged SLR to complete a Preliminary Economic Assessment (PEA).
Evidence · text
“engaged SLR Consulting (Canada) Ltd ("SLR") to complete a Preliminary Economic Assessment ("PEA")”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The PEA is being prepared in accordance with NI 43-101 standards.
Evidence · text
“prepared in accordance with NI 43-101”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Resource Estimates (1)
inferredCon Mine property · goldTonnes: 5100000Grade: 3.64Grade Unit: g/tContained Metal: 595000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Con Mine property
- Commodity
- gold
- Region
- northwest territories
- Reported Region
- Northwest Territories
- Ticker
- YGT
Resource scope
- Estimate type
- resource
- Resource group id
- resource:648358290cbdc976a889
- Deposit or zone
- 103N zone
Resource Data
- Category
- inferred
- Tonnes
- 5100000
- Grade
- 3.64
- Grade Unit
- g/t
- Contained Metal
- 595000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-05-15T00:00:00.000Z
Dates
- Event date
- 2026-06-15T00:00:00.000Z
Reasoning: This is a restatement of the May 15, 2026 resource announcement.
Positive factors
- Significant gold ounces reported
Negative factors
- Resource is entirely Inferred
Evidence · text
“adding 595,000 Inferred ounces within 5.1 million tonnes grading 3.64 g/t gold on the 103N zone”
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.