TerraX Minerals Inc.

TerraX Minerals Inc. is focused on the Yellowknife City gold project, which encompasses 418 sq. km of contiguous land immediately north and south of the city of Yellowknife. The project lies on the prolific Yellowknife greenstone belt, and covers 45 km of strike length on the southern and northern extensions of the shear system that hosts the high-grade Con and Giant gold mines. Innumerable gold showings and recent high grade drill results serve to indicate the project's potential as a world-class gold district. Being within 15 km of Yellowknife, the project is close to vital infrastructure, including transportation, service providers, hydroelectric power and skilled trades people.

Expert Comments:

Miner reports assays as high as 171 g/t gold from grab sampling and also acquires prospective land from Altamira Gold.
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Gwen Preston, Resource Maven (8/1/18)
"Surface work continues on TerraX Minerals Inc.'s Yellowknife City gold project; the latest results include sampling work northwest of the Ptarmigan mine on the project's Eastbelt section. Channel sampling from this area returned assays ranging up to 124 g/t gold over 0.7m; plus, grab samples from an area 2.7 km west of the Ptarmigan mine assayed up to 5.17 g/t gold."

Results confirm Yellowknife potential as district scale camp.
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This Canadian firm's summer exploration program has produced assays ranging to 226 g/t gold.
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Brien Lundin, Gold Newsletter (Jefferson Financial) (6/1/18)
"TerraX Minerals Inc.'s four holes used to test for depth extensions of the mineralization at the Crestaurum zone at Yellowknife City did so successfully. All four holes hit mineralization. . .the early signs are clearly positive and, I think, indicative of the results we'll see when the company begins generating more assays this summer."

Eric Zaunscherb, Canaccord Genuity (5/29/18)
"Results from TerraX Minerals Inc.'s 3,681m 2018 winter drill program confirm a 2.2 km mineralized zone remains open along strike and mineralization was found up to 300m depth, potentially doubling the size of the known mineralized structure. . .the company recently announced a financing to raise CA$3M. The net proceeds of the offering are anticipated to be used to fund drilling and exploration expenditures."

Wrapping up its winter drill program, holes on this company's property in the Northwest Territories included discovery of visible gold.
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Byron King, Gold Speculator (5/15/18)
"TerraX Minerals Inc. announced strong drill results in its Yellowknife play in the Northwest Territories. The idea was to test a structure called Crestaurum to depth. . .the bottom line is that structure is continuous although high-grade lode zones are discrete."

Brien Lundin, Gold Newsletter (Jefferson Financial) (5/1/18)
"TerraX Minerals Inc. is working on raising money to support its drilling effort on its Yellowknife City gold project. . .the company plans to raise up to CA$3M via a nonflowthrough and a flowthrough private placement. . .the transaction serves notice that the smart money is lining up behind the ambitious plans TerraX has for its district-scale project in Canada's far north."

Brien Lundin, Gold Newsletter (Jefferson Financial) (4/1/18)
"TerraX Minerals Ltd. released assays from the first five holes drilled in its winter program at the Yellowknife City gold project. . .together, these assays suggest that the mineralized system already outlined at Sam Otto may extend for several kilometers. Add in some promising results culled from the three holes that tested the Main Sam Otto zone at depth, and you have a sense that this area's potential remains uncapped."

More Expert Comments

Experts Following This Company

Gary Baschuk – Raymond James
Byron King, Editor – Agora Financial
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Gwen Preston, Founder Resource Maven
Jay Taylor, Author Gold, Energy & Tech Stocks
Eric Zaunscherb, Analyst – Canaccord Genuity

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
Controls one of the six major high-grade gold camps in Canada
Immediately adjacent to infrastructure available at the City of Yellowknife
Fully funded for drilling through 2017