TerraX Minerals is pleased to announce that David Suda has been appointed as President and Chief Executive Officer of the Company, effective immediately. Mr. Suda will work closely with Joseph Campbell, the Executive Chairman of TerraX, to help lead the company towards continued success in discovery while enhancing the Company's profile within the investment community. "David Suda's appointment is an exciting milestone [...]
TerraX Minerals is pleased to announce assay results from the remaining 11 holes drilled at the Yellowknife City Gold project this winter. Four of these holes were drilled on the high-grade Crestaurum gold bearing structure to test whether gold mineralization continued to depth. All four holes hit mineralized structure, with two holes containing visible gold. All holes intersected significant gold with selected intervals [...]
TerraX Minerals is pleased to announce the successful closing of the bought deal financing announced on 23 March, 2018 and on April 3, which was led by PI Financial, and that the overallotment option granted to the Underwriter was exercised in full. Pursuant to the Offering, the Company issued an aggregate of 4,312,500 units of the Company at a price of C$0.40 per Unit and 4,107,143 flow-through units of the Company at a [...]
TerraX Minerals is pleased to announce assay results from the first 5 holes of its 2018 winter drill program now underway on the Yellowknife City Gold project. Two of these holes tested the Sam Otto South extension, confirming a 2.2 km mineralized zone that remains open along strike and at depth. These holes were drilled as a follow up to our surface sampling program done in 2017 . That program indicated the Sam Otto zone [...]
TerraX Minerals is pleased to announce that it has expanded its land position at its wholly-owned Yellowknife City Gold project through the staking of an additional 337.5 square kilometers immediately to the north of its current properties. These additional 47 claims were staked based on extensive field exploration completed on the YCG during the summer and fall of 2017 and bring our total holdings adjacent to the City of [...]
TerraX Minerals Inc. is pleased to announce that it has commenced its 2018 winter drill program at its Yellowknife City Gold project, immediately adjacent to the City of Yellowknife in the Northwest Territories. The initial program will total approximately 6,000 meters and incorporate up to three dill rigs to test dip and strike extensions of the Sam Otto and Crestaurum deposits . Joe Campbell, CEO of TerraX, states "Our [...]
TerraX Minerals is pleased to report channel sample results from the Sam Otto South zone on Screamer Island. Sam Otto South is up to 3.5 km south and along trend from the main Sam Otto and extends the potential strike length of that target area to over 5 km. Channel sample results confirm the extension of the Sam Otto zone 1.5 kilometers south of the currently drilled Sam Otto main zone . Joe Campbell, the Chief Executive [...]
TerraX Minerals is pleased to report that it has entered into an agreement to acquire the Ptarmigan Mine property, located within its Eastbelt property, Yellowknife City Gold Project . The Ptarmigan Mine was a gold producer in the Yellowknife gold district from 1941-42, in 1983 and from 1985-1997. The main Ptarmigan vein was accessed by a shaft extending to 275 meters depth and mined over 400 meters of strike length [...]
TerraX Minerals is pleased to announce high-grade surface sampling results from the Ryan Lake area on its Northbelt property, one of eight new high-grade target areas identified on the Yellowknife City Gold Project during fieldwork this summer . Exploration this summer focused on defining the surface extent of polymetallic mineralization associated with the Ryan Lake intrusion originally identified in 2013. A total of 230 [...]
TerraX Minerals Inc. is pleased to announce high-grade surface sampling results from the Homer Lake Gold structure on their Northbelt property, one of 8 new high grade target areas identified on the Yellowknife City Gold Project during field work this summer . Initial surface exploration in the Homer Lake area in 2013 identified massive lead and zinc mineralization with high silver and gold values over a strike length of [...]
TerraX Minerals Inc.[/wp] is pleased to announce follow-up surface sampling results from the Duck Lake structure , one of 8 new high grade target areas identified on the Yellowknife City Gold Project during field work this summer . Initial results from Duck Lake announced July 18, 2017 identified flat dipping quartz veins ranging up to 1 meter thick exposed over a strike length of at least 500 meters . Further prospecting and [...]
TerraX Minerals Inc. is pleased to report that it has entered into an agreement to acquire the historic Burwash Mine property, immediately adjacent to its Eastbelt property, Yellowknife City Gold Project. The Burwash Mine was the first gold producer in the Yellowknife gold district in 1935 when a pit was excavated and a shallow shaft was sunk on a high grade gold vein. Burwash assays were recorded up to 10,300 g/t Au and [...]
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