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Interview with Gerald Panneton, Executive Chairman of Gold Terra Resource Corp.
Our previous interview: https://www.cruxinvestor.com/posts/goldterra-resource-tsxvygt-advancing-gold-project-toward-pea-3938
Recording date: 20th November 2023
Savvy investors appreciate that transformational upside typically hides dormant waiting for rediscovery. Consider the stealthy opportunity in Gold Terra Resource Corp. (TSXV: GTR) – an overlooked explorer securing prime tenure around two impressive past-producing gold mines near Yellowknife, NWT.
Gold Terra has methodically assembled a strategic 251 sq km land package giving it control over emerging district-scale potential. The adjacent high-grade Con and Giant gold mines produced an incredible 14+ million combined ounces before winding down in the early 2000s as gold languished near 20-year lows under $400 an ounce. Significant undiscovered gold likely lies along strike and at depth based on modern understanding of deposit models. The potential renaissance of this gold-rich region appears primed during bullion’s next structural leg higher.
At the helm, Chairman & CEO Gerard Panneton offers investors rare credentials as the chief geologist credited with the major 15 million-ounce Detour Lake gold discovery, proving his pedigree. Panneton sees strong similarities between Detour Lake’s geological hallmarks and the renowned Campbell Shear Zone cutting through his Yellowknife targets. Upon retiring from Detour Gold, applying his extensive mining and capital markets expertise towards another potential district-scale opportunity held personal appeal.
Technically, Gold Terra's geologic models suggest realistic potential for delineating over 2 million ounces of new gold resources on structures around Con Mine’s historic workings. Already, drilling at Conn has substantiated high-grade continuity below the 1,900 meter (6,200 foot) production shaft, with intercepts including 13 g/t Au over 1.7 meters. Constructively, Gold Terra owns this intact shaft, saving 3+ years of development time and tens of millions in capital versus typical projects. Additional drilling aims to systematically elevate confidence in various shallow and deep targets.
Trading near 10-year lows, GTR shares lag peers, showing technical exhaustion after a punishing equities rout. But depressed valuations offer huge upside potential upon exploration success. Early drill holes manifest why Panneton sees transformational possibility mimicking past achievements. Recognizing when underlying quality assets get deeply discounted by wavering psychology offers patient investors life-changing reward windows.
Could history repeat itself in this gold-rich geological domain during precious metals’ next structural run? Gold Terra presents an intriguing opportunity for risk-tolerant investors, especially with a proven value creator navigating the hunt. While challenges abound in these markets, successful systematic exploration could propel Gold Terra's next bold chapter reversing years of dormancy. Scaling into positions may prove prudent today before broader recognition inevitably returns. Upside optionality seldom exists so outsized, so obscured – nor with such credentials aligned behind it. For opportunists, this stealthy situation warrants urgent attention.
—
View Gold Terra Resource's company profile: https://www.cruxinvestor.com/companies/gold-terra-resource-corp
Sign up for Crux Investor: https://cruxinvestor.com
4.8
3232 ratings
Interview with Gerald Panneton, Executive Chairman of Gold Terra Resource Corp.
Our previous interview: https://www.cruxinvestor.com/posts/goldterra-resource-tsxvygt-advancing-gold-project-toward-pea-3938
Recording date: 20th November 2023
Savvy investors appreciate that transformational upside typically hides dormant waiting for rediscovery. Consider the stealthy opportunity in Gold Terra Resource Corp. (TSXV: GTR) – an overlooked explorer securing prime tenure around two impressive past-producing gold mines near Yellowknife, NWT.
Gold Terra has methodically assembled a strategic 251 sq km land package giving it control over emerging district-scale potential. The adjacent high-grade Con and Giant gold mines produced an incredible 14+ million combined ounces before winding down in the early 2000s as gold languished near 20-year lows under $400 an ounce. Significant undiscovered gold likely lies along strike and at depth based on modern understanding of deposit models. The potential renaissance of this gold-rich region appears primed during bullion’s next structural leg higher.
At the helm, Chairman & CEO Gerard Panneton offers investors rare credentials as the chief geologist credited with the major 15 million-ounce Detour Lake gold discovery, proving his pedigree. Panneton sees strong similarities between Detour Lake’s geological hallmarks and the renowned Campbell Shear Zone cutting through his Yellowknife targets. Upon retiring from Detour Gold, applying his extensive mining and capital markets expertise towards another potential district-scale opportunity held personal appeal.
Technically, Gold Terra's geologic models suggest realistic potential for delineating over 2 million ounces of new gold resources on structures around Con Mine’s historic workings. Already, drilling at Conn has substantiated high-grade continuity below the 1,900 meter (6,200 foot) production shaft, with intercepts including 13 g/t Au over 1.7 meters. Constructively, Gold Terra owns this intact shaft, saving 3+ years of development time and tens of millions in capital versus typical projects. Additional drilling aims to systematically elevate confidence in various shallow and deep targets.
Trading near 10-year lows, GTR shares lag peers, showing technical exhaustion after a punishing equities rout. But depressed valuations offer huge upside potential upon exploration success. Early drill holes manifest why Panneton sees transformational possibility mimicking past achievements. Recognizing when underlying quality assets get deeply discounted by wavering psychology offers patient investors life-changing reward windows.
Could history repeat itself in this gold-rich geological domain during precious metals’ next structural run? Gold Terra presents an intriguing opportunity for risk-tolerant investors, especially with a proven value creator navigating the hunt. While challenges abound in these markets, successful systematic exploration could propel Gold Terra's next bold chapter reversing years of dormancy. Scaling into positions may prove prudent today before broader recognition inevitably returns. Upside optionality seldom exists so outsized, so obscured – nor with such credentials aligned behind it. For opportunists, this stealthy situation warrants urgent attention.
—
View Gold Terra Resource's company profile: https://www.cruxinvestor.com/companies/gold-terra-resource-corp
Sign up for Crux Investor: https://cruxinvestor.com
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