TerraX Minerals Inc.

TerraX Minerals (TSX-V: TXR) is focused on the Yellowknife City Gold Project, which encompasses 118 km2 of contiguous land "in the shadow of the head frame", immediately north of Yellowknife, the capital of the Northwest Territories in Canada. Through a series of acquisitions, TerraX now controls one of the six major high-grade gold camps in Canada - and the least explored. The project lies on the prolific Yellowknife greenstone belt and covers 23 km of strike length on the northern extension of the shear system that hosts the past producing high-grade Con (6.1 Moz @ 16.1 g/t Au) and Giant (8.1 Moz @ 16.0 g/t Au) gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the Yellowknife gold camp, with innumerable gold showings and high grade drill results in 2014-2016 that serve to indicate the project's world-class district potential.

The excellent endwoment with multiple gold bearing structures lis fantastic. Examples are:

  • Mispickel – new discovery winter 2016 with 8.00 m @ 60.6022 g/t Au & 7.30 m @ 23.60 g/t Au
  • Barney Shear (extension shear which hosts Con & Giant) – TerraX drills 22.4 m @ 6.35 g/t Au
  • Crestaurum – drill intersection with 5.0 m @ 62,9 g/t Au
  • Shear 20 – drill intersection with 21 m @ 2.97 g/t Au
  • Hebert-Brent – new discovery summer 2015 with surface channel samples with 11.0 m @ 7.55 g/t Au
  • Sam Otto – 2016 drill intersection 49.70 m @ 1.00 g/t Au & 30.70 m @ 1.33 g/t Au

Being all-season road accessible and within 15 km of Yellowknife, the Yellowknife City Gold Project ("YCGP") is close to vital infrastructure, including transportation, service providers, hydro-electric power and skilled trades people.

Company Objectives

Fast and successful exploration after completion of $5.2 million financing per June 2015 and in May 2016 with 3.2 Mio. CAD,  Summer drill program currently underway with drill Focus on large “Core Gold Area” and first resource estimation, Osisko Gold Royalties still holds 14.5% of TXR


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Data & Facts

Aktien ausstehend: 77,8 Mio. Stück
Fully diluted: 94,6 Mio.


Institutionals & Insider: Management Ownership 13,5%
  Osisko Royalties 14,5 %
Head Office: TerraX Minerals Inc.
  1066 West Hastings Street, 23rd Floor
  Vancouver, B.C. V6E 3X2
  Phone: +1 604.689.1749
Management: Joseph Campbell, P. Geo – President, CEO und Direktor
  Dr. Thomas Setterfield, P. Geo – VP Exploration und Direktor
  Stuart Rogers, CFO und Direktor
  Paul Reynolds, P. Geo – Direktor

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