TerraX Minerals Inc. is pleased to announce a first mineral resource estimate on its 100% owned Yellowknife City Gold Project, located 12 kilometers from the city of Yellowknife and 7 kilometers from the former Giant Mine. The classification of the mineral resource estimate was completed in accordance with the Canadian Institute of Mining [...]
TerraX Minerals Inc. is pleased to announce that it has completed the acquisition of Gold Matter Corporation , as previously announced on September 30, 2019. On closing, the Company appointed Gerald Panneton, founder of Detour Gold, as the Company's Executive Chairman and Louis Dionne, also formerly with Detour Gold, as a director. Joseph Campbell [...]
TerraX Minerals Inc. is pleased to announce depth extension of gold mineralization at Sam Otto South with results from an additional 732 meters of drilling in three holes . Phase 2 drill highlights from the Sam Otto South zone include: 25.5m of 1.26 g/t gold, including 10.0m of 1.76 g/t gold, demonstrating that the zone is thickening and also open [...]
TerraX Minerals Inc. is pleased to announce that it has entered into an agreement with Gold Matter Corporation , a private closely-held corporation, whereby the Company will acquire all of the shares of Gold Matter in exchange for 5 million shares of the Company on a one-for-one basis, resulting in former shareholders of Gold Matter holding [...]
TerraX Minerals Inc. is pleased to announce the extension of gold mineralization at Sam Otto by an additional 600 meters of strike with results from 1182 meters of drilling in six holes . These results combined with the drilling of three holes in 2018, the Sam Otto South zone now extends for 1.2 kilometers, and remains open in all directions. Gold [...]
TerraX Minerals Inc. is pleased to announce that the 2019 summer drill program moves to Berry Hill at the Yellowknife City Gold project. Phase 1 at Sam Otto South has been completed with approximately 1200m of drilling over 1km of strike extension. All holes intersected targeted shear zones and assays are pending. TerraX will return to Sam Otto [...]
TerraX Minerals Inc. is pleased to announce that the 2019 summer drill program at the Yellowknife City Gold project has commenced. Phase 1 has begun at Sam Otto South to test the 3.5 kilometer strike extension of the already defined gold structures at Sam Otto Main. Approximately 3500 meters of diamond drilling will test and extend the strike and [...]
TerraX Minerals Inc. is pleased to announce the successful closing of the bought deal financing initially announced on June 6, 2019 and later on June 13, 2019 with respect to an upsize , which was led by PI Financial Corp. on behalf of a syndicate of underwriters which included Beacon Securities Limited and GMP Securities L.P. and that the option [...]
TerraX Minerals Inc. is pleased to announce that the Company has entered into an amended agreement with PI Financial Corp. on behalf of a syndicate of underwriters to increase the size of the previously announced bought deal offering to raise aggregate gross proceeds of approximately C$3 million . Under the terms of the Offering, the Underwriters [...]
TerraX Minerals Inc. is pleased to provide a corporate update and further information about its proposed 2019 exploration plans on its Yellowknife City Gold Project. David Suda, President and CEO, stated: "We would like to thank our shareholders for their commitment and patience over the past 12 months. The company has gone through significant [...]
TerraX Minerals Inc. is pleased to announce that a Type B Water License has been issued by the Mackenzie Valley Land and Water Board approving TerraX's broad exploration plan for all land holdings of its Yellowknife City Gold project. The Water License enhances the new Land Use Permit . This water license is effective for 7 years until March 6 [...]
TerraX Minerals Inc. is pleased to announce that a Type B Water License has been issued by the Mackenzie Valley Land and Water Board approving TerraX's broad exploration plan for all land holdings of its Yellowknife City Gold project. The Water License enhances the new Land Use Permit . This water license is effective for 7 years until March 6 [...]