Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX.V: TXR; OTC Pink: TRXXF; Frankfurt: TX0) has received assay results from the first three holes drilled in the 2015 winter drill program on the Yellowknife City Gold Project (“YCG”) in the Northwest Territories. These holes are step out holes drilled to test further down dip from gold mineralization intersected in previous drill holes. Reported holes are from the South Shoot of the Crestaurum Zone at between 75 and 90 meter vertical depth, and along a 75 meter strike length. All three holes hit the mineralized shear where expected, confirming structure, with various amounts of quartz veining and visible gold noted in two of the three holes. Highlights included:
- 7.00 m @ 10.23 g/t Au, inclusive of 2.97 m @ 23.69 g/t Au, in hole TCR15-003, and
- 6.73 m @ 3.36 g/t Au, inclusive of 2.50 m @ 8.79 g/t Au, in hole TCR15-002.