TerraX drills 71 m of sulphide mineralization in felsic volcanics in Hole TNB14-004 at Homer Lake base metal target, Yellowknife City Gold Project

12 May 2014

- Includes 3.42 m of massive sulphides grading @ 3.41 g/t Au, 69.3 g/t Ag, 3.67% Pb, 3.17% Zn - 
 
TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) has received assay results from the first four holes drilled during the recently completed winter drill program at Northbelt, Yellowknife City Gold Project. 
These holes were drilled at the Homer Lake base metal target, which is located within 15 km of the city of Yellowknife and just 2 km from the new Bluefish Hydro Dam opened in July 2013. Assay results from nine holes drilled on TerraX’s two top priority gold targets, Crestaurum and Barney Shear, are pending and will be reported 
in the coming weeks, with the summer drill program expected to begin in late June 2014.