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TerraX stakes 253 square kilometres of contiguous ground in the highly prospective Yellowknife Gold District

February 1, 2017 - releases
TerraX stakes 253 square kilometres of contiguous ground in the highly prospective Yellowknife Gold District

TerraX Minerals Inc. (V.TXR)) is pleased to announce that it has effectively tripled the size of its land position at the Yellowknife City Gold project by staking an additional 253 square kilometres in three areas contiguous to its current properties. This additional ground was staked based on extensive research completed on prospective surrounding lands over the last three years and brings TerraX’s total holdings adjacent to the City of Yellowknife in the Northwest Territories to 382 sq km, all of which is wholly-owned by TerraX…

Joseph Campbell, the CEO of TerraX, stated “Since the beginning of the Yellowknife City Gold project we have pursued a goal of assembling and controlling a major Canadian gold district. The acquisition of this highly prospective new ground completes that goal and provides TerraX shareholders with additional opportunities for high grade gold discoveries. We are very much looking forward to our 2017 drill campaigns, which are expected to commence shortly.” read more

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