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:

"TerraX Minerals Inc. is exploring the Yellowknife City gold project, a large land package over 400 square kilometers, that's around Yellowknife City in the Northwest Territories. . .it's going to publish an initial resource. It has never published any resource counts for this project. I think that the market is going to be quite surprised by the resource that comes out of there. It's been a little bit of a difficult story to follow because there have been a lot of results from a lot of different zones over the years. So it's a bit of a challenge to understand exactly what's coming together up there. But I think this winter drill program is going to pull some zones together and generate a resource that's considerably bigger than the market thinks it's going to be. I think TerraX, after this slow but steady summer of groundwork and now heading into this new drill program, is in a really interesting position to do well in 2018." read more >

Brien Lundin, Gold Newsletter (Jefferson Financial) (2/1/18)
"TerraX Minerals Inc. has agreed to buy the Ptarmigan mine. . .the addition is typical of the company's overall holdings within the Yellowknife City project. It has a large project of past-producing mines that it believes it can breathe new life into; I'm sold on the strategy and so am keeping TerraX a Buy on our list."

Gary Baschuk, PearTree Securities (12/21/17)
"The 2017 field program has wrapped up with TerraX Minerals Inc. making new gold and base metal discoveries in the historic Yellowknife gold camp. The large, 440 sq km property hosts high-grade gold mineralization in the Eastbelt and Northbelt plus base metal mineralization in the Northbelt. . .the polymetallic mineralization is located near the eastern contact of the Ryan Lake intrusion and includes grab samples up to 97.7 g/t gold, 32.4 g/t silver, 2.09% copper and 0.32% molybdenum."

Brien Lundin, Gold Newsletter (Jefferson Financial) (12/15/17)
"A drilling program at TerraX Minerals Inc.'s Yellowknife City gold project is slated to begin in early 2018; well managed with a solid cash position, the company is ideally situated to generate news flow in the early part of the new year. If you like high-potential exploration stories, there's a lot to like about TerraX Minerals."

Gwen Preston, Resource Maven (9/13/17)
"For TerraX Minerals Inc., this summer has been about soil sampling, prospecting, channel sampling, airborne and ground-based geophysics, and mapping. . .yesterday the company even announced the decision to spend another $1.8M on this kind of work this summer, adding more geophysics and a comprehensive biogeochemical survey. . .there are some interesting ideas developing up there."

Gwen Preston, Resource Maven (7/26/17)
"TerraX Minerals Inc.'s Yellowknife City gold project has numerous good targets and interesting results. . .the company prospected across Eastbelt. . .the effort uncovered two interesting new targets. . .both of the targets produced high-grade samples from outcropping structures, but even numbers like 65.7 g/t gold failed to elicit a market response. I think the market can't wrap its arms around the TerraX story."

More Expert Comments

Experts Following This Company

Gary Baschuk – Raymond James
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
Gwen Preston, Founder Resource Maven

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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