TerraX receives Type B Water License from Mackenzie Valley Land and Water Board
21 March 2019
TerraX Minerals Inc. is pleased to announce that a Type B Water License has been issued by the Mackenzie Valley Land and Water Board approving TerraX’s broad exploration plan for all land holdings of its Yellowknife City Gold project. The Water License enhances the new Land Use Permit (news release February 27, 2019). This water license is effective for 7 years until March 6, 2026 and covers all of TerraX’s claims and leases on the entire 70 kilometer length of the YCG project.
President and CEO David Suda stated: “Receiving the Type B Water License significantly enhances exploration and development potential at the YCG project.”
TerraX wishes to acknowledge the many community and government stakeholders who were engaged during the permitting and licensing processes including the support of the City of Yellowknife, CanNor, the Department of Fisheries and Oceans, and the Government of the Northwest Territories Department of Industry Tourism and Investment. TerraX would also like to thank the technical staff of the MVLWB for their guidance and review of TerraX’s application.