Gold Terra [TSXV:YGT]
Reviving a Historic Gold Mining Legacy

Amid the rugged landscapes of Yellowknife, a region with a rich history of gold production, a new phase of gold exploration is underway. Gold Terra [TSXV:YGT] is leading the charge in reviving the region’s gold industry by focusing on high-grade deposits and sustainable practices. With a strategic focus on brownfield projects like the Con Mine—optioned from Newmont—Gold Terra is tapping into existing infrastructure to minimize risk and bring valuable gold resources to market.

Gold Terra has spent over a decade in the Yellowknife region, a historic gold-producing area that yielded 14 million ounces before its last mine ceased operations more than 20 years ago.

“We’re not just exploring gold, we’re rewriting the future of gold mining in Yellowknife,” says Gerald Panneton, chairman and CEO.

Focused Investment and Resource Growth

On the Con Mine alone and with over $10 million invested in exploration, Gold Terra has outlined 540,000 ounces near surface and is planning an updated mineral resource in 2026. Its most recent drilling intersected the main structure that has long been the primary source of gold in the area. This reveals the potential for an additional one to two million ounces along the Campbell Shear—a massive geological feature known for producing exceptionally high gold grades, ranging from 16 to 22 grams per tonne. This approach capitalizes on existing infrastructure and significantly increases the project’s feasibility and attractiveness.

Unlike the low-grade, high-capital model Panneton previously pursued at Detour Gold, Gold Terra focuses on high-grade underground ore bodies with exceptional continuity. Some historical drilling intersections have revealed up to 3 kilograms of gold over 3 meters, reinforcing the project’s viability. This approach ensures lower upfront capital, quicker construction and resilience against market fluctuations. A future mine in Yellowknife could yield around 125,000 ounces annually at a fraction of the cost of large-scale operations, making it an efficient and scalable opportunity.

A Region Ready for a Gold Resurgence

Yellowknife’s evolution from gold in the 1930s to diamonds in the 1980s and now back to gold is emblematic of the resource cycle. As diamond mines near closure, gold’s resurgence is well-timed, especially with prices soaring to record highs. Gold Terra is uniquely positioned to spearhead this return.

As Gold Terra advances its exploration, its growth prospects are increasingly compelling. Situated in a proven mining district, the company is well-positioned to unlock meaningful value as development progresses. Backed by leadership with a track record of building successful gold projects, Gold Terra offers an attractive opportunity for investors as it moves closer to production and realizes the full value of its high-grade deposits.

Responsibility, Transparency and Local Trust

Gold Terra doesn’t just meet standards, it sets them, especially when it comes to community trust and compliance. As a brownfield project, much of the work is carried out on already disturbed land, reducing the overall ecological footprint. The company also prioritizes maintaining a strong social license, hosting town halls once or twice a year to engage directly with residents and local stakeholders.

This proactive, open-door approach has made Gold Terra a trusted name in the Yellowknife community. The team meets periodically with regulatory bodies and local groups, ensuring their work aligns with local expectations and legal standards.

For Panneton, this project reflects more than a professional venture—it’s a continuation of a legacy. Having led major gold projects, including founding Detour Gold, his confidence in Gold Terra is backed by a personal investment of nearly $2 million.

Gold Terra is not merely chasing ounces. It is building a foundation for responsible, high-grade gold production in one of Canada’s most established gold camps. With strong fundamentals, regulatory discipline and a seasoned leadership team, the company is positioned to be a key player in Yellowknife’s return to gold mining.