TerraX Minerals Inc. is pleased to announce that a Land Use Permit has been issued by the Mackenzie Valley Land and Water Board approving TerraX's exploration plan on all the land holdings of its Yellowknife City Gold property. The new LUP replaces two smaller LUPs and provides for water usage required in exploration drilling. The new permit is effective until January 2024, extendible to 2026, and covers all of TerraX's [...]
TerraX Minerals Inc. is pleased to announce that in cooperation with The Geological Survey of the NWT and The Giant Mine Remediation Project, TerraX was able to recover 16,000 meters of historical drill core. In a preliminary review of the core TerraX geologists have identified visible gold Core Photo 1 and are currently logging and splitting the favorable sections of core for assaying. David Suda, President and CEO [...]
TerraX Minerals Inc. is pleased to announce that 2018 exploration programs delivered concrete advancement of targets at the Yellowknife City Gold project. While continuing to deliver high grade surface results, TerraX compiled and enhanced all data sets to achieve a clearer understanding of the deposits. Analysis and review of the entire district by a panel of internal and external global experts has identified new [...]
Vancouver, British Columbia-- - - TerraX Minerals Inc. is pleased to announce that, due to significant demand, the Company has increased and closed its previously announced non-brokered private placement for $1.50 Million to $2.3 Million. The placement now consists of 5,887,500 units of the Company at a price of $0.40 per Unit. Each Unit shall consist of one common share and one transferable common share purchase warrant [...]
TerraX Minerals Inc. is pleased to announce that the Company has agreed to a non-brokered private placement of 3,750,000 units of the Company at a price of $0.40 per Unit to raise aggregate gross proceeds of $1.5 million. Each Unit shall consist of one common share and one transferable common share purchase warrant . Each Warrant shall be exercisable into one additional common share of the Company for a period of three [...]
TerraX Minerals Inc. is pleased to announce further assay results from the Company's 2018 summer field program on the Yellowknife City Gold project. A total of 262 samples were taken on the company's Northbelt target which represents the possible extension of Con-Giant trend and constitutes the core focus area. David Suda, President and CEO stated: "There is considerable high-grade gold endowment within several of our [...]
TerraX Minerals Inc. is pleased to announce the completion of a helicopter-borne high resolution magnetic and radiometric survey over the Quyta-Bell property of the Yellowknife City Gold Project . This 6409 line-kilometer survey was completed by Precision GeoSurveys Inc., of Langley, BC. A 434 square kilometer airborne LiDAR survey was also completed over the Quyta-Bell property by LiDAR Services International Inc. of [...]
TerraX Minerals Inc. is pleased to announce the purchase of a 100% interest in the Tom Mine and Sickle properties from Altamira Gold Corp. These properties increase the area of the YCGP from 772 square kilometers to 780 square kilometers. A map of the property locations is available here . As part of the agreement, TerraX will pay Altamira a total of $25,000 cash and 250,000 shares of TerraX. Altamira will retain a 2% NSR [...]
TerraX Minerals Inc. is pleased to announce further assay results from the Company's summer field program on the Yellowknife City Gold project. High grade gold assays from grab sampling have extended the strike of the Gull and Rater Lake zones. As previously reported these new targets are in the same mafic volcanic geology that also hosted the Giant and Con mines, and are within TerraX's Core Gold exploration area. The [...]
TerraX Minerals is pleased to announce further assay results from the Company's ongoing summer field program on the Yellowknife City Gold project. David Suda, President and CEO stated: "The summer program continues to yield results that confirm the potential of the Yellowknife City Gold Project as a district scale camp. Surface results, magnetic imaging, and geochemistry data will provide a roadmap to future drilling on [...]
TerraX Minerals Inc. is pleased to announce assay results from the Company's summer field program now underway on the Yellowknife City Gold project. The first set of assay results come from sampling done on two new zones called Gull Lake and Rater Lake that have been identified on our Northbelt property. These new targets are in the same mafic volcanic geology that also hosted the Giant and Con mines. The highlight assays [...]
TerraX Minerals is pleased to announce assay results from the Company's summer field program now underway on the Yellowknife City Gold project. The first set of assay results come from sampling done on two new zones called Gull Lake and Rater Lake that have been identified on our Northbelt property. These new targets are in the same mafic volcanic geology that also hosted the Giant and Con mines. The highlight assays are [...]
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