Terrax assays 6.61 g/t Au, 357 g/t Ag, 1.51% Cu, 7.02% Zn and >20% Pb in grab samples from Homer Lake base metal target, Yellowknife City Gold Project

18 August 2014

Yellowknife, Northwest Territories – TerraX Minerals Inc. (TSX-V:TXR; Frankfurt:TX0; OTC Pink: TRXXF) has received the assay results from a further 113 samples of the approximately 960 surface samples taken during a six week prospecting and mapping program now completed at the Yellowknife City Gold Project (“YCGP”) just north of Yellowknife in the Northwest Territories.  Assay results are still pending or being interpreted from the remaining samples taken from prospective gold and base metal targets at the YCGP, as well as from drilling recently completed at the Crestaurum and Barney mesothermal gold targets in the southern portion of the property, and will be announced when available.