Gold Terra Starts 2026 Winter Drill Program on Con Mine Area and Provides Corporate Update
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Gold Terra Starts 2026 Winter Drill Program on Con Mine Area
and Provides Corporate Update
Vancouver, BC – January 6, 2026 – Gold Terra Resource Corp. (TSX -V: YGT; Frankfurt: TX0; OTCQX:
YGTFF) (“Gold Terra” or the “Company”) is pleased to announce the Company has commenced its Winter
2026 diamond drilling program on the Yellowknife Project, Northwest Territories. The program will utilize
four diamond drill rigs and is focused on advancing priority targets within the Con Mine area and the
Northbelt.
2026 Winter Drill Program Highlights
Initial drilling will target the Con Mine area, with the objective of expanding and upgrading mineralization
within the Yellorex Zone, located along the Campbell Shear south of the historic Con Mine. Additional
drilling will test nearby targets along the Campbell Shear corridor between Yellorex and the Con Mine.
Drilling within the Northbelt is expected to commence later in January, following sufficient ice
development. Northbelt drilling will primarily target high-grade gold areas such as where hole GTWL22-
0014 which returned 31.89 g/t gold over 3 metres including 69.4 g/t Au over 1 metre (see the August 25,
2022 press release) was intersected near surface in the Mispickel area . The Winter 2026 program is
designed to advance known high-grade mineralized zones, test new targets, and support future resource
growth just north of the town of Yellowknife.
New Five (5) years Land Use Permit, Water Licence, and Security
Gold Terra has received all key regulatory approvals required to conduct exploration work for the next
five years at the Yellowknife Project and Con Mine. The Mackenzie Valley Land and Water Board has issued
a renewed Type A Land Use Permit (MV2025C0015), effective January 17, 2026, with a five-year term (and
the ability to apply for a 2 -year extension), authorizing mineral exploration activities including diamond
drilling, winter road construction, camp operations, and progressive reclamation.
In addition, the Company has been granted a renewed Type B Water Licence (MV2025L8-0006), effective
January 17, 2026, with a seven-year term. The licence authorizes water withdrawal and waste deposition
associated with mineral exploration and drilling acti vities, subject to established environmental
protection measures.
Gold Terra has also top ped up its reclamation securit ies with the Government of the Northwest
Territories. Both securities were top ped up in early January for the Land Use permit (LUP) and water
license (WL). Both securities totalled $198,000 and $ 36,450 for each permit and cover activities for up to
four drill rigs in action.
Gold Terra retains Soar Financial Partners
The Company has retained Soar Financial Partners (a brand of NorthStar Communications GmbH) (“Soar”)
for a targeted investor relations and media outreach proposal designed to expand Gold Terra’s visibility
across the United States , Europe, and strategically in Germany, pursuant to an agreement entered into
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between the Company and Soar dated January 1, 2026 , subject to the approval of the TSX Venture
Exchange (“TSX-V”).
Soar provides s trategic marketing and investor communications for the mining sector through multi-
national road shows, conferences, media outreach and social media platforms primarily for the European
investment community. Soar has offices in Frankfurt, Germany and Vancouver.
The investor relations agreement has a one-year term. Pursuant to the agreement, Gold Terra will pay
Soar a base fee of USD 7,000 per month.
Subject to the policies of the TSX-V and the terms and of the Company’s stock option plan, the Company
plans to grant 300,000 options to purchase common shares of the Company (the “Options”) as part
consideration for its services under the Investor Relations Agreement.
Soar does not currently own any shares of the Company or have any other direct or indirect interest in
the Company. The fees paid by the Company to Soar under the Investor Relations Agreement are for
services only.
Grant of Stock Options
The Company announces that the Board of Directors has approved a grant of stock options under the
Company's Stock Option Plan to its directors, officers, employees, and consultants to purchase up to an
aggregate of 3,600,000 treasury shares at $0.19 (including the 300,000 options to Soar).
The options are exercisable at a price of $0.1 9 per share for a period of 5 years effective on January 2nd,
2026, expiring on January 2nd, 2031, and are subject to the policies of the TSX V and the Company's Stock
Option Plan which includes a vesting period beginning six months after issue for 25% of the options, and
25% every six months following.
The technical information contained in this news release has been reviewed and approved by Joseph
Campbell, a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for
Mineral Projects and Senior Technical Advisor for the Company.
About Gold Terra
The Yellowknife Project (YP) encompasses 836 sq. km of contiguous land immediately north, south and
east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold Terra
controls one of the six major high -grade gold camps in Canada. Being within 10 kil ometres of the City of
Yellowknife, the YP is close to vital infrastructure, including all -season roads, air transportation, service
providers, hydro-electric power, and skilled tradespeople. Gold Terra is currently focusing its drilling on
the Campbell Shear, where approximately 14 Moz of gold has been produced, (refer to Gold Terra Oct 21,
2022, Technical R eport) and most recently on the CMO property claims immediately south of the past
producing Con Mine which produced 6.1 Moz between the Con, Rycon, and Campbell shear structures
(1938-2003).
The YP and CMO properties lie on the Yellowknife greenstone belt, covering nearly 70 kilometres of strike
length along the main mineralized shear system that hosts the former -producing high-grade Con and
Giant gold mines. The Company's exploration programs have successfully identified significant zones of
gold mineralization and multiple targets that remain to be tested which reinforces the Company's
objective of re-establishing Yellowknife as one of the premier gold mining districts in Canada.
Visit our website at Home | Gold Terra Resource Corp.
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For more information, please contact:
Gerald Panneton, Chairman & CEO
Mara Strazdins, Investor Relations
Phone: 1-778-897-1590 | 416-710-0646
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Information Concerning Estimates of Mineral Resources
Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Therefore,
investors are cautioned not to assume that all or any part of an Inferred Mineral Resource could ever be
mined economically. It cannot be assumed that a ll or any part of “Measured Mineral Resources,”
“Indicated Mineral Resources,” or “Inferred Mineral Resources” will ever be upgraded to a higher
category. The Mineral Resource estimates contained herein may be subject to legal, political,
environmental or other risks that could materially affect the potential development of such mineral
resources. Refer to the Technical Report, once filed, for more information with respect to the key
assumptions, parameters, methods and risks of determination associated with the foregoing.
Cautionary Note to United States Investors
The Company prepares its disclosure in accordance with the requirements of securities laws in effect in
Canada, which differ from the requirements of U.S. securities laws. Terms relating to Mineral Resources
in this news release are defined in accordance with NI 43 -101 under the guidelines set out in CIM
Definition Standards on Mineral Resources and Mineral Reserves, adopted by the Canadian Institute of
Mining, Metallurgy and Petroleum Council on May 19, 2014, as amended ("CIM Standards"). The U.S.
Securities and Exchange Commissi on (the "SEC") has adopted amendments effective February 25, 2019
(the "SEC Modernization Rules") to its disclosure rules to modernize the mineral property disclosure
requirements for issuers whose securities are registered with the SEC under the U.S. Securities Exchange
Act of 1934. As a result of the adoption of the SEC Modernization Rules, the SEC will now recognize
estimates of "Measured Mineral Resources", "Indicated Mineral Resources" and "Inferred Mineral
Resources", which are defined in substantiall y similar terms to the corresponding CIM Standards. In
addition, the SEC has amended its definitions of "Proven Mineral Reserves" and "Probable Mineral
Reserves" to be substantially similar to the corresponding CIM Standards.
U.S. investors are cautioned that while the foregoing terms are "substantially similar" to corresponding
definitions under the CIM Standards, there are differences in the definitions under the SEC Modernization
Rules and the CIM Standards. Accordingly, there is no assurance any Mineral Resources that the Company
may report as "Measured Mineral Resources", "Indicated Mineral Resources" and "Inferred Mineral
Resources" under NI 43 -101 would be the same had the Company prepared the Mineral Resource
estimates under the standards adopted under the SEC Modernization Rules. In accordance with Canadian
securities laws, estimates of "Inferred Mineral Resources" cannot form the basis of feasibility or other
economic studies, except in limited circumstances where permitted under NI 43-101.
Cautionary Note Regarding Forward-Looking Information
Certain statements made and information contained in this news release constitute "forward -looking
information" within the meaning of applicable securities legislation (" forward-looking information ").
Generally, this forward-looking information can, but not always, be identified by use of forward -looking
terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
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"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of
such words and phrases or statements that certain actions, events, conditions or results "will", "may",
"could", "would", "might" or "will be taken ", "occur" or "be achieved" or the negative connotations
thereof.
All statements other than statements of historical fact may be forward -looking information. Forward -
looking information is necessarily based on estimates and assumptions that are inherently subject to
known and unknown risks, uncertainties and other factor s that may cause the actual results, level of
activity, performance or achievements of the Company to be materially different from those expressed
or implied by such forward-looking information. In particular, this news release contains forward-looking
information regarding the current drilling on the Campbell Shear, potentially adding ounces to the
Company’s current YCG mineral resource, and the Company's objective of re-establishing Yellowknife as
one of the premier gold mining districts in Canada.
There can be no assurance that such statements will prove to be accurate, as the Company's actual results
and future events could differ materially from those anticipated in this forward -looking information as a
result of the factors discussed in the "Risk Factors" section in the Company's most recent MD&A and
annual information form available under the Company's profile at www.sedar.com.
Although the Company has attempted to identify important factors that would cause actual results to
differ materially from those contained in forward -looking information, there may be other factors that
cause results not to be as anticipated, estimated or intended. The forward-looking information contained
in this news release is based on information available to the Company as of the date of this news release.
There can be no assurance that such statements will prove to be accurate, as actual results and f uture
events could differ materially from those anticipated in such statements. All of the forward -looking
information contained in this news release is qualified by these cautionary statements. Readers are
cautioned not to place undue reliance on forward -looking information due to the inherent uncertainty
thereof. Except as required under applicable securities legislation and regulations applicable to the
Company, the Company does not intend, and does not assume any obligation, to update this forward -
looking information.