TerraX begins 2018 winter drill program at Yellowknife City Gold
February 7, 2018 TSX-V: TXR
Frankfurt: TX0
OTC Pink: TRXXF
News Release
TerraX begins 2018 winter drill program at Yellowknife City Gold
Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to
announce that it has commenced its 2018 winter dril l program at its Yellowknife City Gold project, imm ediately
adjacent to the City of Yellowknife in the Northwes t Territories. The initial program will total appro ximately 6,000
meters and incorporate up to three dill rigs to tes t dip and strike extensions of the Sam Otto and Cre staurum
deposits (see map here ).
Joe Campbell, CEO of TerraX, states “Our 2018 winte r drill programs will focus on expansion of two of our most
advanced high priority gold targets with a goal of significantly expanding the size of these zones of gold
mineralization.”
Terrax will be drilling at the following targets:
Sam Otto
Sam Otto is a disseminated wide zone of gold minera lization with the potential to yield both a large b ulk tonnage
deposit at the main Sam Otto target and a high-grad e deposit at Sam Otto West (formerly Dave’s Pond ta rget)
(see map here ). Sam Otto is currently outlined over approximately 750 meters of strike and 250 meters of depth
by 56 drill holes. Recent field work in the summer and fall of 2017 has identified the Sam Otto zone over 3.5 km
of strike length, indicating potential for a large deposit. The 2018 drill program will consist of 11 holes that will
extend both the strike and dip of the currently drilled deposit at Sam Otto Main and Sam Otto West.
Crestaurum
Crestaurum is a high-grade deposit currently outlin ed with 253 drill holes over 1.4 km of strike and 1 50 meters of
dip. The last drilling campaign by TerraX took pla ce in the fall of 2015 ( see map here ). Recent biogeochemical
field work, IP surveying, and structural studies ca rried out in the summer and fall of 2017 have helpe d define the
down dip and down plunge extent of the high-grade l odes at Crestaurum. These extension targets will be tested
with 5 holes during the 2018 winter drilling.
The technical information contained in this news re lease has been approved by Joseph Campbell, the Chi ef
Executive Officer of TerraX, who is a Qualified Per son as defined in "National Instrument 43-101, Stan dards of
Disclosure for Mineral Projects."
About the Yellowknife City Gold Project
The Yellowknife City Gold ("YCG") project encompasses 440 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 is
close to vital infrastructure, including all-season roads, air transportation, service providers, hydr o-electric power
and skilled tradespeople.
The YCG lies on the prolific Yellowknife greenstone belt, covering 45 km of strike length along the main mineralized
break in the Yellowknife gold district, including t he southern and northern extensions of the shear sy stem that
hosted the high-grade Con and Giant gold 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
"JOSEPH CAMPBELL"
Joe Campbell
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, future events or oth erwise.