TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) 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 (see map here).
TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) 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 (see maps here).
TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report the receipt of $1,910,759 from the exercise of 3,821,518 share purchase warrants at $0.50 per share. With the exercise of these warrants, the Company now has cash on hand of $2.83 Million.
TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report it has extended its Walsh Lake structure by 2.7 km with extensive surface sampling of high grade gold mineralization in outcrop. These results potentially increase the strike length to 6 kilometers through outcrop grab sampling and high gold values in lake sediment geochemical sampling. For all sample results reported, please see map here (https://www.terraxminerals.com/projects/yellowknife-city-gold/field-exploration-2017/#october-11-2017).