Gold Terra Resources (TSXV:YGT) - Former Producing Mine Plans Production in 2029

Interview with Gerald Panneton, Executive Chairman of Gold Terra Resource Corp.Our previous interview: https://www.cruxinvestor.com/posts/gold-terra-resources-tsxvygt-resource-update-pea-in-612-months-ahead-of-newmont-option-8117Recording date: 7th January 2026Gold Terra Resources is advancing a compelling high-grade gold opportunity in Canada's historic Yellowknife district, where the Campbell Shear system produced 14 million ounces at 14-22 grams per tonne before shutting down in 2003 at $340 gold. With gold now exceeding $4,400 per ounce, CEO Gerald Panneton is executing a strategic pivot that transforms previously sub-economic mineralization into a robust production opportunity.The company is positioning to acquire the Con Mine by 2027, leveraging critical infrastructure advantages including existing mining lease and surface rights that eliminate major permitting hurdles. Gold Terra has identified approximately one million ounces at 5-7 g/t between surface and 1,000 meters by re-evaluating historical drilling with lower cutoff grades that remain economically robust at current prices. Key target areas include the Yellorex zone with 500,000-700,000 ounces and Zone 103 with another 500,000 ounces - both areas that were considered sub-economic when the mine closed.The 2026 execution plan centers on systematic de-risking through 15,000 meters of drilling focused on resource conversion and expansion, with an updated mineral resource estimate targeted for September and a preliminary economic assessment by year-end. The conceptual operation would process 2,000 tonnes per day, producing approximately 140,000 ounces annually with breakeven costs estimated at $1,500-$2,000 per ounce - implying margins exceeding $2,000 per ounce at current gold prices.Blue-chip mining investors including Eric Sprott, David Harquail, and Mackenzie Funds have validated the strategy through a recent $7 million financing, with 95% participation from existing shareholders. The company has already invested $20 million in 30,000 meters of drilling, establishing a substantial technical database.Panneton, who developed the Detour Lake mine into a 30-million-ounce discovery, projects that Gold Terra could achieve billion-dollar market capitalization as a cash-flowing producer by 2029-2030, representing substantial upside from current valuation of approximately $30 per ounce of resources.View Gold Terra's company profile: https://www.cruxinvestor.com/companies/gold-terra-resource-corpSign up for Crux Investor: https://cruxinvestor.com