Gold Terra Resource Corp. announced that deep drill hole GTCM24-056, which started in early February targeting the Campbell Shear (past production of 5.1 Moz @ 16 g/t) at depth below the Con Mine workings, has intersected the Con Shear from 1,366-1,405 metres, a secondary shear structure with a past production of 1 Moz at 20 g/t gold. In addition, the hole has uncovered new gold mineralization ranging up to 13.90 g/t Au over 0.60 metres in the hanging wall granite host of the Con shear at multiple downhole depths (478.30 to 546 metres & at 748 metres).

The Con shear Deposit is located approximately one km west in the hanging wall of the main Campbell shear target on the Con Mine Option Property (CMO). Hole GTCM24-056 is currently at approximately 1,481 metres and progressing well towards the Campbell Shear target, expected at approximately downhole depth of 2,700 metres. The CMO Property is under option from subsidiaries of Newmont Corporation and is 100% acquirable by the Company upon fulfillment of certain conditions set out in the CMO Property Option agreement.

Con Shear Intersection: Hole GTCM24-056 has intersected the Con Shear from 1,366-1,405 metres. The Con Shear intersection is notably marked by intense silicification of mafic volcanic and intermediate intrusive rocks. A large quartz vein is present along the intermediate intrusive-mafic volcanic contact and numerous white to smoky grey quartz veins with pyrite mineralization exist within the strongly silicified and sheared zone.

The shearing over the interval is intermittent but strong when present. Gold in the Hanging Wall Granite Host: GTCM24-056 was collared in mafic volcanic rocks and subsequently encountered a granitic intrusive body from a depth of 261 metres and remained in the same granitic unit to a drill depth of 1,340 metres. The unit is thought to represent a mineralized intrusive stock adjacent to the Con Mine gold systems, characteristic of various deposits in the Yellowknife Greenstone Belt.

Within the granitic intrusive unit, there are varying densities of quartz veining with associated alteration and mineralization. Veins range in size from hairline to 50 cm wide in densities of up to 6 veins per metre and are white to smoky grey. Siliceous alteration halos with pale green to yellow alteration surround the veins.

Mineralization in veins typically consists of pyrite and arsenopyrite, but also occasionally contains sphalerite, galena, and pyrrhotite. Tourmaline is present in several veins and is viewed as an analogue to the Sigma- Lamaque complex (+15 Moz produced) in Val d'Or. Assays returned significant gold values in several intervals between 478 and 546 metres.

Further sampling is currently being completed in this area to ensure a thorough assessment of the veining.