TerraX drills new gold zone at Homer Lake, Yellowknife City Gold; results include 15.91 m @ 1.78 g/t Au and 14.9 g/t Ag, including 2.70 m @ 5.51 g/t Au and 53.6 g/t Ag

4 May 2016

Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) has received assay results from a six hole drill program totalling 1,147 meters at Homer Lake on the Yellowknife City Gold Project (“YCG"), immediately north of Yellowknife in the Northwest Territories. 

Two holes (THL16-008 and 009) tested a north striking quartz vein and sulphide gold zone that crosses the Homer Lake base metal structure. This zone had not previously been tested by drilling and returned: 

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