TerraX Minerals Inc.

TerraX Minerals Inc. is focused on the Yellowknife City gold project, which encompasses 418 sq. km of contiguous land immediately north and south of the city of Yellowknife. The project lies on the prolific Yellowknife greenstone belt, and covers 45 km of strike length on the southern and northern extensions of the shear system that hosts the high-grade Con and Giant gold mines. Innumerable gold showings and recent high grade drill results serve to indicate the project's potential as a world-class gold district. Being within 15 km of Yellowknife, the project is close to vital infrastructure, including transportation, service providers, hydroelectric power and skilled trades people.

Expert Comments:

Gwen Preston, Resource Maven (11/7/18)
"TerraX Minerals Inc. is raising $1.5M in a nonbrokered private placement that will issue 3.75M units; each unit is priced at $0.40 and comes with a common share and a whole warrant redeemable for up to three years at $0.60. The company will use the money to fund drilling on Yellowknife City in the early part of next year."

Brien Lundin, Gold Newsletter (Jefferson Financial) (11/1/18)
"Results from field exploration work on TerraX Minerals Inc.'s Yellowknife City gold project continued to flow in over the past several weeks. . .the company will use all of this data to help it identify targets for future drilling. To support that effort, it recently announced a CA$1.5M nonbrokered private placement."

Gwen Preston, Resource Maven (10/31/18)
"TerraX Minerals Inc. will get back to drilling this winter, with the goal of releasing an initial resource estimate for the Yellowknife City property next year. . .with most of the results from the summer program now in hand, the company's team is about to sit down with a few outside consultants for a think tank. The goals will be to determine exactly where to drill this winter but also to prioritize targets and work for the next few years."

Brien Lundin, Gold Newsletter (Jefferson Financial) (10/1/18)
"TerraX Minerals Inc. added to its Yellowknife City gold project in Northwest Territories with the addition of the Tom mine and Sickle properties; the additions bring the total project area to 780 sq km. To acquire the properties, the company will pay Altamira Gold CA$25K in cash and issue 250K shares of TerraX; Altamira will retain a 2% net smelter royalty in the projects."

Miner reports assays as high as 171 g/t gold from grab sampling and also acquires prospective land from Altamira Gold.
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Gwen Preston, Resource Maven (9/19/18)
"TerraX Minerals Inc. grew the size of its Yellowknife City gold project from 772 sq km to 780 sq km by acquiring the Tom mine and Sickle properties. The deal is relatively inexpensive, costing the company $25K in cash and 250K in shares paid/issued to Altamira Gold."

Byron King, Gold Speculator (9/4/18)
"I expect to see a solid resource come out of TerraX Minerals Inc.'s mineral package; there's excellent upside for this one. Maintain Buy on the company up to $0.48/share."

Results confirm Yellowknife potential as district scale camp.
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This Canadian firm's summer exploration program has produced assays ranging to 226 g/t gold.
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More Expert Comments

Experts Following This Company

Gary Baschuk – Raymond James
Byron King, Editor – Agora Financial
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Gwen Preston, Founder Resource Maven
Jay Taylor, Author Gold, Energy & Tech Stocks
Eric Zaunscherb, Analyst – Canaccord Genuity

The information provided above is from analysts, newsletters, the company and other contributors.

TerraX Minerals Inc. is a former sponsor of Streetwise Reports. The company's sponsorship fees paid for Streetwise Reports to create this "Investor Summary Page," to which links were placed on Streetwise Reports' websites and newsletters. Streetwise Reports did not accept stock for the payment of fees. See disclaimer for more details.

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Investing Highlights
Controls one of the six major high-grade gold camps in Canada
Immediately adjacent to infrastructure available at the City of Yellowknife
Fully funded for drilling through 2017