22 July 2015
Yellowknife, Northwest Territories — TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) has commenced drilling on its wholly-owned Yellowknife City Gold project ("YCG") in the Northwest Territories. This summer drill campaign will total up to 6,000 m of drilling and will focus on the Barney Shear, which is the extension of the Con/Giant shear system that produced over 14 Moz of gold; and Crestaurum, which is a high grade gold zone with more than 200 drill intersections from historical holes and recent drilling by TerraX. With over $6.25 in working capital, TerraX is fully funded for multiple drill campaigns that will follow this initial program, resuming this winter and continuing through 2016.