9 June 2015
Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX.V: TXR; OTC Pink: TRXXF; Frankfurt: TX0) has begun fieldwork on the Yellowknife City Gold Project ("YCG") with the assistance of technical staff from Osisko Gold Royalties Ltd. (TSX: OR). This cooperative work follows Osisko's agreement to invest $2.5 Million in TerraX by way of a non-brokered flow-through private placement currently being finalized. The fieldwork will focus on field mapping of structurally controlled gold targets that were identified by geophysical and geological programs previously carried out by TerraX and will allow us to prioritize drill targets for the summer drill program scheduled for start-up in mid July. Fieldwork will also include an orientation geochemical exploration program and field checking of radiometric anomalies identified by TerraX's 2013 airborne geophysical program.