31 July 2019
TerraX Minerals Inc. is pleased to announce that the 2019 summer drill program moves to Berry Hill at the Yellowknife City Gold (“YCG”) project. Phase 1 at Sam Otto South has been completed with approximately 1200m of drilling over 1km of strike extension. All holes intersected targeted shear zones and assays are pending. TerraX will return to Sam Otto South later this summer to follow up with more aggressive step out holes intended to build strike extension to the south for an additional 2km.
Drilling activity has moved to the Berry Hill zone within the Barney Deformation Corridor (BDC) on trend with the North Giant Extension (Figure 1). Approximately 900 meters of diamond drilling will test a prospective zone based on surface sample results and positive historical data that accompanied historical core acquired in late 2018. The goal is to define a multi-kilometer long gold bearing system that trends north from the last known workings of the Giant mine at the GKP zone (Figure 1).
David Suda, President and CEO stated, “This part of our summer program at Berry Hill is an early look at the potential to define gold structures trending at least 8 km onto TerraX property from the North Giant extension (NGX). We are working to define the continuation of a trend that produced over 8M ounces of high-grade gold in the past.”
Upon completion of drilling at Berry Hill, TerraX will commence approximately 2500 meters drilling at the high-grade Crestaurum target. The company will announce more detailed plans in the coming weeks.