EPISODE · Sep 11, 2020 · 19 MIN
Newmont Partners with Gold Terra in Its 5M+ AuOz Pursuit Explains Gerald Panneton
from Mining Stock Education · host Bill Powers
Executive Chairman Gerald Panneton joined Gold Terra because he saw the potential to grow the company’s current 735,000 gold ounce resource to over 5 million gold ounces or more. And now major gold producer Newmont also teamed up with Gold Terra in its 5M+ AuOz pursuit. The two companies recently executed an exploration agreement on certain mineral leases and mineral claims adjacent to the former producing Con Mine right next to the city of Yellowknife in Canada’s Northwest Territories. 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. In this interview, Gerald provides an overview of the agreement with Newmont as well as explains how this transaction benefits Gold Terra shareholders and the advancement of their Yellowknife City Gold Project.https://www.goldterracorp.com/TSXV: YGT OTC: YGTFF FSE:TX00:00 Introduction2:06 Newmont executes exploration agreement with Gold Terra4:04 Two phase agreement with Newmont holding a back-in right8:11 Prospectivity of land acquired through exploration agreement9:51 Drilling newly acquired land by January10:27 How can you speak with such confidence of a 5M+ AuOz discovery that you have not made yet?13:24 What is more significant with this deal…the land itself or the formal relationship with Newmont?13:52 Discussing metallurgy 15:46 When to expect the next batch of assays to be released?Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Gold Terra is an MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
What this episode covers
Executive Chairman Gerald Panneton joined Gold Terra because he saw the potential to grow the company’s current 735,000 gold ounce resource to over 5 million gold ounces or more. And now major gold producer Newmont also teamed up with Gold Terra in its 5M+ AuOz pursuit. The two companies recently executed an exploration agreement on certain mineral leases and mineral claims adjacent to the former producing Con Mine right next to the city of Yellowknife in Canada’s Northwest Territories. 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. In this interview, Gerald provides an overview of the agreement with Newmont as well as explains how this transaction benefits Gold Terra shareholders and the advancement of their Yellowknife City Gold Project.https://www.goldterracorp.com/TSXV: YGT OTC: YGTFF FSE:TX00:00 Introduction2:06 Newmont executes exploration agreement with Gold Terra4:04 Two phase agreement with Newmont holding a back-in right8:11 Prospectivity of land acquired through exploration agreement9:51 Drilling newly acquired land by January10:27 How can you speak with such confidence of a 5M+ AuOz discovery that you have not made yet?13:24 What is more significant with this deal…the land itself or the formal relationship with Newmont?13:52 Discussing metallurgy 15:46 When to expect the next batch of assays to be released?Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Gold Terra is an MSE sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
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Newmont Partners with Gold Terra in Its 5M+ AuOz Pursuit Explains Gerald Panneton
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