23 September 2015
Yellowknife, Northwest Territories – TerraX Minerals Inc. (TSX-V:TXR; Frankfurt:TX0; OTC Pink:TRXXF) has staked 8 km of strike on the southern extension of the Yellowknife Greenstone Belt, immediately south of the historic Con Mine, which produced over 6.1 million ounces of gold at an average grade of 16.1 g/t Au. The new Southbelt property forms part of TerraX's Yellowknife City Gold project, and consists of five claims totalling 16.7 sq km. During a brief two day reconnaissance program on the northeastern third of the Southbelt property prior to staking, twelve structures were noted and 44 grab samples were collected. Six of these structures returned gold values of greater than 0.5 g/t, with a high value of 94.9 g/t Au. Several of the structures have anomalous copper and zinc, with high values of 0.78% Cu and 0.36% Zn.