Mr. Gerald Panneton reports
GOLD TERRA PROVIDES A SUMMARY OF 2025 ACHIEVEMENTS AND 2026 PLAN
Gold Terra Resource Corp. has outlined the company's key achievements from the past year as it looks ahead to numerous catalysts in 2026. Over the past 12 months, Gold Terra has delivered a series of strategic advancements across exploration, financing and key strategic investor support. These strategic steps include the confirmation of the Campbell shear gold potential at depth on the Con mine option property, the identification of new 2026 drilling targets with the potential to increase the company's current mineral resource estimates, and solid financing support from new and continuing shareholders.
Chairman and chief executive officer Gerald Panneton commented: "Gold Terra has had a very good transitional year with both technical and corporate achievements that bring value to our shareholders. We cannot ignore the 2025 gold market performance of the last few months to support our exploration effort in Yellowknife. We are also very confident that 2026 will bring more successes as we intend to have more than 15,000 metres of drilling planned in the first half of 2026 that is fully funded. We thank all our shareholders for their continued support, our employees and most importantly all our community stakeholders for their continued support.
Significant highlights of 2025:
- Confirmation of the Campbell shear at depth, below the existing underground workings, adding significant potential to add ounces;
- OR Royalties elected to early exercise its first option on the 2015 royalty agreement for a cash consideration of $2-million, confirming support for the Yellowknife region;
- $7-million successful financing in November (read the Nov. 28, 2025, news release) with three major and strategic investors, Eric Sprott, David Harquail and Mckenzie Funds;
- Receipt of two government mineral incentive grants of $257,560 for winter 2026 drilling.
2026 leadership vision
As the market environment for gold strengthens, Gold Terra is executing its vision to re-establish the Yellowknife as a premier gold mining district in Canada.
"This last year has been pivotal for Gold Terra as we are entering a new phase and a clear path forward to create value for our shareholders and a solid future for the community of Yellowknife," said Mr. Panneton. "We look forward to providing regular updates to our shareholders and investors as major developments unfold in our 2026 exploration and drilling program."
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), senior technical adviser for the company.
About Gold Terra Resource Corp.
The Yellowknife project encompasses 836 square kilometres 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 kilometres of the city of Yellowknife, the YP is close to vital infrastructure, including all-season roads, air transportation, service providers, hydroelectric power and skilled tradespeople. Gold Terra is currently focusing its drilling on the Campbell shear, where approximately 14 million ounces of gold has been produced (refer to Gold Terra's Oct. 21, 2022, technical report) and most recently on the CMO property claims immediately south of the past-producing Con mine, which produced 6.1 million ounces between the Con, Rycon and Campbell shear structures (1938 to 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 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.
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