Welcome to TerraX Minerals Inc.
TerraX Minerals is focused on the Yellowknife City Gold Project, which encompasses approximately 8,400 hectares of contiguous land immediately north of the City of Yellowknife in the Northwest Territories and includes TerraX's wholly-owned Northbelt property acquired in February 2013.
The Northbelt gold property encompasses 3,562 hectares on the prolific Yellowknife belt, all within 15 km of the city of Yellowknife, and covers 13 km of strike on the northern extension of the geology that contained the Giant (7.8 Moz @ 11g/t) and Con (5.5 Moz @ 16 g/t) gold mines. The Northbelt property is host to multiple shears that are the recognized hosts for gold deposits in the Yellowknife camp and it contains innumerable gold showings and historic high grade drill results.
TerraX has carried out a strategy of acquiring prospective ground adjacent to Northbelt and in October 2013 entered into an option agreement whereby it can acquire a 100% interest in the Walsh Lake gold property, which is contiguous with and immediately east of Northbelt. The Walsh Lake property consists of seven leases and five claims totaling 6,659 acres (2,695 hectares). TerraX has also staked and acquired ground to the west of Northbelt to cover prospective geology that is on strike from Northbelt structures.
TerraX also owns two gold projects in Ontario, Blackfly and Central Canada, both of which are located 180 km west of Thunder Bay and within 19 km of Osisko Mining Corporation's Hammond Reef gold deposit. In addition, TerraX holds the Stewart property in Newfoundland which contains targets for porphyry Au-Cu (111 m of 0.13 g/t Au and 0.05% Cu at Stewart showing) and epithermal Au mineralization (up to 59 g/t Au and 2290 g/t Ag at Forty Creek).
All scientific or technical information contained on this website has been reviewed and approved by Dr. Tom Setterfield, P.Geo., the VP Exploration of TerraX Minerals Inc., who is a "qualified person" as defined in National Instrument 43-101 of the Canadian Securities Administrators.