TerraX drills 7.40 m @ 10.17 g/t Au along strike of previous drilling at Mispickel, Yellowknife City Gold Project

terrax gold, nwt, v.txr, gold

TerraX Minerals Inc. (V.TXR))is pleased to announce assay results from a further 8 holes (2,415 m) from the summer phase of a 27,000 meter drill program at multiple targets on the Yellowknife City Gold Project (“YCG”), immediately north of Yellowknife in the Northwest Territories. All eight holes reported today are from Mispickel and intersected multiple zones of gold mineralization. Six of these eight holes are located on two sections of drilling approximately 25 and 50 meters north of previously reported drill holes (news release September 22, 2016). Two holes (TWL16-029 and 030) are 40 and 100 meters deeper than previously reported drill hole TWL16-019 (5.85 m @ 12.47 g/t Au, reported September 22, 2016). TWL16-029 returned 8.00 m @ 6.45 g/t Au in the main zone and holes TWL16-023 and TWL16-030 intercepted a new zone of mineralization at the bottom of the holes, both ending in mineralization. All zones remain open along strike and down dip. read more

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