Gold Terra Resource (TSE:YGT) has released an update.
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Gold Terra Resource Corp. successfully closed a non-brokered private placement, raising C$1,314,000 through flow-through and charitable flow-through shares to support their exploration projects in the Northwest Territories. The funds will be directed towards advancing the Con Mine project, where the company aims to increase its resource base by targeting the high-grade Campbell Shear structure. The ongoing drilling efforts at the historic Con Mine, which boasts substantial past production, hold significant potential for uncovering new gold resources.
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