Gold Terra Resource Corp. announced that drill hole GTCM23-055 has intersected the upper portion of the high-grade gold-bearing Campbell Shear at a downhole depth of 2,080 metres from surface to test for gold mineralization below the Con Mine underground workings, on the Con Mine Option (CMO) Property. Drilling continues through the Campbell Shear which is typically 150 metres in width with mineralized zones generally 3-20 metres wide within the shear.

Hole GTCM23-055 hole is targeted to intersect the down plunge extension of the prolific Campbell Shear zone at depth below the Con Mine deposit (1938-2003), where 5.1 million ounces of gold was produced at an average grade of 16 g/t. The focus of the 2023 drilling program is to expand the September 2022 initial Mineral Resource Estimate ("MRE") of 109,000 Indicated ounces of contained gold and 432,000 Inferred ounces of contained gold between surface and to a depth of 400 metres below surface along a 2-kilometre corridor of the Campbell Shear.