TerraX Awards Drill Contract; drilling to commence in January at the Core Gold Area, Yellowknife City Gold Project

22 December 2014

TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0; OTC: TRXXF) has awarded the drill contract for its winter drill program at the Yellowknife City Gold Project to Foraco Canada Ltd. of Yellowknife, with drilling scheduled to start in mid-January 2015. Drilling will be concentrated on the 5 km x 3 km “Core Gold Area” of high grade gold mineralization, defined by exploration in 2014, which hosts multiple gold bearing vein sets such as the advanced Crestaurum and Barney shear zones, as noted in large mineralized systems worldwide, and results that included: