TerraX Minerals Inc.

TerraX Minerals Inc. is focused on the Yellowknife City gold project, which encompasses 94.9 sq km of contiguous land immediately north of the city of Yellowknife. The project lies on the prolific Yellowknife greenstone belt, and covers 15km of strike length on the northern extension of the shear system that hosts the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and historic high grade drill results. The project is close to vital infrastructure, including transportation, service providers, hydroelectric power and skilled trades people.

Expert Comments:

Haywood Securities (7/7/15)
"TerraX Minerals Inc.'s budget for the remainder of 2015 is $2.2M, which will include 7,000m drilling set to commence around the third week of July. Drilling will continue to focus on the Crestaurum and Barney zones, as well as other targets identified from regional field work and structural mapping."

The Investment Doctor, Seeking Alpha (6/28/15)
"Position in TerraX Minerals Inc. has been increased by Osisko Mining Corp. to 11.25M shares for a total ownership of 17.21% of the company's shares (with a sufficient amount of warrants to potentially increase its stake to 19.99%). This acquisition is interesting because it implies Osisko sees the same value as Virginia Mines Inc. saw earlier on. . .the additional cash inflow will allow TerraX to increase its exploration efforts before releasing a maiden NI 43-101 compliant resource estimate at its Yellowknife project."

"TerraX Minerals Inc. is operating the Yellowknife City gold project, about 4km outside Yellowknife in Canada's Northwest Territories. It's one of the last undeveloped high-grade gold camps and TerraX has a 100-square-km land package there. The summer drill program will start in June and we should see more results from the winter drilling program soon. The company was drilling the Barney Shear zone where one intercept yielded 22m of 6 g/t gold, which is phenomenal. I like that management owns about 20% of the company. . .TerraX picked these assets out of a bankruptcy procedure for next to nothing. Now TerraX CEO Joe Campbell has the right people to advance the Yellowknife City project. TerraX could have the next high-grade gold deposit in Canada. I hope to see a resource estimate by the end of 2015." read more >

"There are certainly great exploration companies out there, like TerraX Minerals Inc.—that's one of our favorites. . .TerraX Minerals owns the Yellowknife City gold project in the Northwest Territories. President and CEO Joe Campbell knows his business. TerraX doesn't grant big salaries or option packages; it just puts out one encouraging drill result after the other. The Yellowknife City project is not for people who want short-term gains. But over a 60-year span the Giant and Con gold mines produced about 14 Moz at 16 g/t gold from the Yellowknife greenstone belt. Most industry insiders believe that TerraX has an outstanding project. Virginia Mines owned shares in TerraX before its takeover by Osisko Gold Royalties. So Sean Roosen has now some interest in this company too." read more >

Haywood Securities (4/16/15)
"The focus of TerraX Minerals Inc. is the Yellowknife City gold project. . .the company just completed its winter drill program at the Barney Shear and Crestaurum target. Results from the remaining outstanding drill holes are expected soon."

Haywood Securities (4/2/15)
"TerraX Minerals Inc. received assay results from 22 holes drilled at Crestaurum during the current 2015 winter drill program underway at the Yellowknife City gold project in the Northwest Territories. . .drilling at the Central shoot, which is the least explored of the Crestaurum high-grade zones, was successful in extending the dip of the high-grade shoot, where hole TCR15-019 intersected 5.00m grading 5.29 g/t gold. . .drilling in the new area north of North Extension shoot. . .tested approximately 150m of structure from more than 200m north of the known North Extension mineralization, confirming that gold mineralization continues northeast beyond the known Crestaurum zone."

More Expert Comments

Experts Commenting on This Company

Thibaut Lepouttre, Editor Caesars Report
Etienne Moshevich, Editor Alphastox.com
Björn Paffrath, Director – Stabilitas-Fonds
Lawrence Roulston – Metallica Development Fund Ltd., Quintana Resources Capital ULC
Jay Taylor, Author Gold, Energy & Tech Stocks
Ryan Walker, Analyst – Euro Pacific Canada

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
Controls the last undeveloped high-grade gold camp in Canada
Yellowknife gold project is the Northern extension of +14 million oz gold mines
Focused on quick exploration success, fully funded 2015 drill programs
catalyst Calendar
January/5,000 m. Drilling Commences
TerraX Minerals Inc. Content