Gold Terra Extends Known Mineralization in Pursuit of Multimillion Oz Resource with Gerald Panneton

Executive Chairman Gerald Panneton discusses Gold Terra’s (TSXV:YGT – OTC:YGTFF – FSE:TX)0recent excellent drill results at its project immediately adjacent to the high-grade former-producing Con Mine (5+M AuOz) outside of the city of Yellowknife in Canada’s Northwest Territories.  Gold Terra last year acquired an option on this property from its owner Newmont.  The Con Mine produced approximately 5.1 million ounces of gold between 1946 and 2005 at an amazing grade of 15 g/t, and over widths of up to 100 metres.  The phase 1 program confirmed the extension and continuation of the Con Mine’s mineralization onto Gold Terra’s optioned property and was thus successful.  Phase 2 drilling results will be released over the next months and Gerald expects the results to continue to extend the known mineralize at depth and along strike.

Gold Terra Resource Corp. is a junior gold exploration company that has assembled a highly prospective district scale land position on the doorstep of the City of Yellowknife in the Northwest Territories. The company is currently focused on expanding and delineating gold resources at the company’s Yellowknife City Gold Project. With ready access to infrastructure and multiple new high-grade gold discoveries Gold Terra is on track to re-establishing Yellowknife as one of the premier gold mining districts in Canada.