TerraX Minerals Inc.

TerraX Minerals Inc. is focused on the Yellowknife City gold project, which encompasses 99.3 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:

Ryan Walker, Euro Pacific Canada (9/9/15)
"TerraX Minerals Inc. reported further assay results from channel sampling on two new zones on the newly mapped Barney deformation corridor on the 99.3 km squared Yellowknife City gold project. . .sampling across a ~80m wide sheared area ~1 km along strike to the south of the Barney zone (2014 drilling, 22.42m at 6.35 g/t Au) encountered high-grade gold mineralization."

"TerraX Minerals Inc. has the Yellowknife City gold project situated immediately north of Yellowknife and hosts the past-producing Con and Giant gold mines. Osisko Gold Royalties now owns about 17% of TerraX and has a 1% net smelter royalty option. TerraX has set aside $2.2M in support of a 6,000m drill program plus some field work, structural and mapping, in partnership with Osisko. Drilling will focus on what the company terms the "Core Gold Area," which includes the Barney Shear, which is interpreted as the extension of the Con and Giant deposits, as well as the Crestaurum deposit, which has similar high-priority targets. The company conducted 1km of channel sampling along strike of the Barney zone, which returned 11m grading 7.55 g/t gold. We view TerraX's exploration portfolio as one of the more prospective in the Canadian junior gold mining space. This view is further supported with Osisko coming in as a partner and providing technical support to the exploration program. . .TerraX's management team has a proven track record. CEO Joe Campbell was central to the discovery and delineation of the Meliadine gold project in Nunavut, which was subsequently acquired by Agnico Eagle Mines through its acquisition of Comaplex." read more >

"TerraX Minerals Inc. has a huge district in the Northwest Territories, the Yellowknife City project, just north of the historic Con and Giant mines, which collectively produced about 10 Moz gold in the past. TerraX controls the whole district and is targeting a 5 Moz gold resource. Management knows what a high-grade deposit should look like to make it attractive as a takeover target. TerraX is never going to be a producer. I think it is heading for an exit strategy. Management holds 15% of the company. Once the majors need to buy something, then this project will be available with great recent work. But it needs time. This is not a stock you only need to hold for a couple months. You have to be patient. That requires a three- to five-year time horizon." read more >

Haywood Securities (8/14/15)
"TerraX Minerals Inc. announced channel sampling results from the Hebert-Brent showing, a new zone of gold mineralization within the Barney deformation corridor. . .assays from the cut channel samples returned 11m grading 7.55 g/t gold. . .the Yellowknife City gold project continues to reveal more zones of near-surface gold mineralization."

Ryan Walker, Euro Pacific Canada (8/11/15)
"TerraX Minerals Inc. reported assay results from channel sampling on the newly dubbed Hebert-Brent showing along the newly mapped Barney deformation corridor on the 99.3 sq km Yellowknife City gold project in the Northwest Territories. . .returning 11.0m grading 7.55 g/t gold, including two 1m intervals averaging 24.7 g/t and 24.6 g/t, respectively. Importantly, the zone appears consistently mineralized. . .the company is in the midst of a 6,000m drill program at Yellowknife City. . .in anticipation of an initial resource estimate expected later this year."

Haywood Securities (8/7/15)
"TerraX Minerals Inc. announced initial results from its summer exploration program at its Yellowknife City gold exploration project. . .including rock-chip assays from the shear 17 structure located east of Ryan Lake and a newly discovered vein containing visible gold that returned 88.6 g/t gold. . .these results indicate the potential for additional gold-bearing targets within the company's extensive project portfolio in the Northwest Territories."

More Expert Comments

Experts Following This Company

Mick Carew, Analyst – Haywood Securities
Thibaut Lepouttre, Editor Caesars Report
Etienne Moshevich, Editor Alphastox.com
Björn Paffrath, Director – Stabilitas-Fonds
Florian Siegfried, Senior Portfolio Manager – AgaNola
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