OTC Pink: TRXXF TerraX receives Type B Water License from Mackenzie Valley Land and Water Board
March 21, 2019 TSX-V: TXR
Frankfurt: TX0
OTC Pink: TRXXF
TerraX receives Type B Water License from Mackenzie Valley Land and Water Board
Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to
announce that a Type B Water License has been issued by the Mackenzie Valley Land and Water Board (MVLWB)
approving TerraX’s broad exploration plan for all l and holdings of its Yellowknife City Gold (YCG) pro ject. The
Water License enhances the new Land Use Permit (LUP ) (news release February 27, 2019). This water lice nse
is effective for 7 years until March 6, 2026 and covers all of TerraX’s claims and leases on the entire 70 kilometer
length of the YCG project.
President and CEO David Suda stated: “Receiving the Type B Water License significantly enhances explor ation
and development potential at the YCG project.”
TerraX wishes to acknowledge the many community and government stakeholders who were engaged during the
permitting and licensing processes including the su pport of the City of Yellowknife, CanNor, the Depar tment of
Fisheries and Oceans, and the Government of the Nor thwest Territories Department of Industry Tourism a nd
Investment. TerraX would also like to thank the tec hnical staff of the MVLWB for their guidance and re view of
TerraX’s application.
About the Yellowknife City Gold Project
The Yellowknife City Gold ("YCG") project encompasses 783 sq km of contiguous land immediately north, south
and east of the City of Yellowknife in the Northwes t Territories. Through a series of acquisitions, Te rraX controls
one of the six major high-grade gold camps in Canad a. Being within 10 km of the City of Yellowknife, t he YCG
project is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric
power and skilled tradespeople.
The YCG project lies on the prolific Yellowknife gr eenstone belt, covering 70 km of strike length alon g the main
mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear
system that hosted the high-grade Con and Giant gol d mines. The project area contains multiple shears that are
the recognized hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent
high-grade drill results that serve to indicate the project's potential as a world-class gold district.
For more information on the YCG project, please visit our web site at www.terraxminerals.com .
On behalf of the Board of Directors
"DAVID SUDA"
David Suda
President and CEO
For more information, please contact:
Samuel Vella
Manager of Corporate Communications
Phone: 604-689-1749
Toll-Free: 1-855-737-2684
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking informat ion, which involves known and unknown risks, uncert ainties
and other factors that may cause actual events to d iffer materially from current expectation. Importan t factors -
including the availability of funds, the results of financing efforts, the completion of due diligence and the results
of exploration activities - that could cause actual results to differ materially from the Company's ex pectations are
disclosed in the Company's documents filed from tim e to time on SEDAR (see www.sedar.com ). Readers are
cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this
press release. The company disclaims any intention or obligation, except to the extent required by law , to update
or revise any forward-looking statements, whether as a result of new information, events or otherwise.