Gold Terra Resource Corp. announced that assay results including 12.93 g/t Au over 1.7 metres in drill hole GTCM23-055 confirm the extension of high-grade gold mineralization in the Campbell Shear (CS) below the Con Mine underground workings on the Con Mine Option (CMO) Property. The CMO Property is under option from subsidiaries of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property agreement.

The Campbell Shear was successfully intersected from a downhole depth of 2,075 to 2,137.5 metres for a total of 62.5 metres. This intersection demonstrates the continuity of this major structure below the deepest mining operations with the presence of a substantial shear structure with impressive widths. Approximately 30 metres of the CS within the footwall of the structure is moderately to strongly sheared and contains intermittent zones of prominent smoky quartz veining and pyrite, pyrrhotite, sphalerite, arsenopyrite, and stibnite mineralization, and most importantly high-grade gold.

A quartz vein at 2,116 metres contained fine specks of visible gold. Assay highlights include 2.93 g/t Au over 8.2m from 2,115.8 to 2,124m, including 12.93 g/t Au over 1.7m from 2,115.8 to 2,117.5m and, including 30 (uncut) g/t Au over 0.5 metres from 2117 to 2117.5 metres. The mineralized section of the core is very similar to historic mineralized sections that were mined out in the former Con Mine.

The company is continuing its drill program using hole GTCM23-055 as a master hole to add multiple wedges or cuts into the Campbell shear structure. With Foraco's Control Directional Drilling team, already on site in Yellowknife, the company able to continue its assessment of the Campbell Shear to obtain more intersections on a 50 to 100m spacing laterally and up dip.