TerraX Minerals Inc.

TerraX Minerals Inc. is focused on the Yellowknife City gold project, which encompasses 118 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 23 km of strike length on the southern and northern extensions of the shear system that hosts the high-grade Con and Giant gold mines, with innumerable gold showings and recent high grade drill results. 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:

Ryan Walker, Echelon Wealth Partners (9/26/16)
TerraX Minerals Inc. returned more high-grade assay results from the Mispickel target on its Yellowknife City Gold Project in the NWT. . .Four drill holes sunk below previous drilling on the two most southern sections at Mispickel are highlighted by 1m at 162.50g/t Au (in the hanging wall zone), 1m of 64.70g/t (main zone), 1m of 67g/t (main zone), 1m of 60.40g/t (hanging wall), and 2m at 9.37g/t (hanging wall). Assays for drilling further to the south and north of previous drilling limits reportedly cut the controlling structure and mineralization -- assays are pending."

Gwen Preston, Resource Maven (8/10/16)
"In the last two days, another lift has taken TerraX Minerals Inc. to $0.92. . .the company has pored over historic data. It has developed good relationships in the community. . .it is turning over every stone in its effort to find the next major gold deposit in the Yellowknife area – and its huge property, covering most of a prolific greenstone belt, hosts numerous targets to test. . .I think the combination of new results, active investor promotion, and a property that offers everything the market wants will propel TerraX up from here."

Mick Carew, Haywood Securities (6/10/16)
"TerraX Minerals Inc. announced drill assay results from its Yellowknife City gold project in the Northwest Territories. . .the latest set of results from TerraX confirms Mispickel (and San Otto, located <2 kilometres to the south) as the Company's priority targets. . .The drill results from the last program successfully identified broad, lower-grade gold mineralization over a width of approximately 75 metres, with a higher grade intersection along an interpreted ~150-metre-wide north-south-trending mineralized shear zone. . .Mineralization remains open in all directions. The Barney Zone also returned good grades."

"TerraX Minerals Inc. has the Yellowknife City Gold Project (YCGP) in the Northwest Territories. YCGP is located in one of the six major high-grade gold camps in Canada, the Yellowknife greenstone belt, which hosts the past-producing Con and Giant gold mines. Both deposits are situated along several shear zones, with numerous historical gold showings and high-grade drill results that have been the focus of TerraX's exploration program to date. YCGP exhibits a number of similarities to the Timmins gold camp, including timing of gold mineralization and the deposition of temporally associated sedimentary host rocks. . .the project is readily accessible via an all-season road and is close to infrastructure, including hydroelectric power, and a skilled workforce. Osisko Gold Royalties is a 16% shareholder, after investing in the company in June 2015. . .TerraX released assay results from six drill holes at its Homer Lake target within YCGP. The intersection of gold mineralization along the north-south-trending structure at Homer Lake confirms earlier rock-chip and trench-sampling results collected in 2014 and 2015. Additional intersections of lower grade and/or narrower intersections of gold and silver mineralization indicate that multiple subparallel structures could be present. . .the company also released results from its Mispickel target, where drilling has defined a series of high-grade gold zones within a wider zone of lower-grade mineralization associated with a north- to north-northwest trending sub-vertical shear zone. Higher-grade gold intersections include 8m grading 60.60 g/t gold, including 2.25m grading 212.48 g/t gold. The latest drill results were part of a 7,000m drill program, which is now completed. The results from Mispickel were definitely a highlight, and will likely be a key focus for the company during a summer drill program that should commence in the next couple of months. read more >

Ryan Walker, Echelon Wealth Partners (6/6/16)
"TerraX Minerals Inc. has so far drilled nine holes at Mispickel. . .the company plans follow-up drilling along strike and at depth along dip extensions at Mispickel this summer. . .the historic hole no. W95-20 depicted further south on Exhibit 1 returned a highlight interval of 0.75m of 4.10g/t Au."

Ryan Walker, Echelon Growth Partners (5/20/16)
"TerraX Minerals Inc. reported results from 19 holes on the Herbert-Brent zone at its 100%-owned Yellowknife City Gold Project. Four of the holes returned significant mineralization, highlighted by 8m of 3.21 g/t Au, including 3m of 7.09 g/t in hole TCG16-052, 1.85m at 15.08 g/t Au in hole TCG16-040, 7.1m of 3.61 g/t, including 1.04m at 12.75 g/t in hole TCG16-034, and 0.85m of 4.61 g/t in hole TCG16-055."

More Expert Comments

Experts Following This Company

Mick Carew, Analyst – Haywood Securities
Thibaut Lepouttre, Editor Caesars Report
Gwen Preston, Founder Resource Maven
Florian Siegfried, Senior Portfolio Manager – AgaNola
Jay Taylor, Author Gold, Energy & Tech Stocks
Ryan Walker, Analyst – Echelon Wealth Partners

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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