TerraX channel sampling confirms a 100 meter wide mineralized zone at Sam Otto
February 1, 2018 TSX-V: TXR
Frankfurt: TX0
OTC Pink: TRXXF
News Release
TerraX channel sampling confirms a 100 meter wide mineralized zone at Sam Otto South
Vancouver, B.C. – TerraX Minerals Inc. (TSX.V: TXR; OTC Pink: TRXXF; Frankfurt: TX0) is pleased to report
channel sample results from the Sam Otto South zone on Screamer Island. Sam Otto South is up to 3.5 km south
and along trend from the main Sam Otto and extends the potential strike length of that target area to over 5 km.
Channel sample results confirm the extension of the Sam Otto zone 1.5 kilometers south of the currentl y drilled
Sam Otto main zone (see map here).
Joe Campbell, the Chief Executive Officer of TerraX , states: "The channel results reported here, coupl ed with
drilling at the Sam Otto main zone, confirm a consi stent 100-meter-wide gold zone, over a strike lengt h of 2.2
kilometers. The drilled and channel sampled areas a re themselves contained within a larger area indica ted by
surface sampling and geophysics, showing the potent ial for five kilometers of strike length. TerraX ex pects the
planned 2018 drill programs on this new strike exte nsion to greatly increase the overall strike and de pth of the
currently modelled mineralized zone at Sam Otto.”
The widest channel sampling area is located 1.2 kil ometers south of TerraX’s drilling on the Sam Otto main zone
and assayed 17.50 m @ 0.80 g/t Au, including 11.0 m @ 1.09 g/t Au. Importantly, this channel ended in good
mineralization with 3.40 m @ 1.31 g/t Au before the outcrop was covered by overburden and vegetation. Other
results included surface outcrops a further 350 met ers south with channel samples of 2.7 m @ 0.97 g/t Au and
2.00 m @ 0.81 g/t Au. Both ends of the exposed outcrop ended in gram level gold assays. Together, the separate
channels covered at least 100 meters width across strike, which is comparable to the width and grade of the Sam
Otto Main zone.
Channel assays reported today total 202 samples wit h gold grades ranging from nil to 4.64 g/t Au. Channel
samples are considered representative of the zones that have been sampled.
Sampling included insertion of certified standards and blanks into the stream of samples for chemical analysis.
Samples were prepared at ALS Chemex's laboratory in Yellowknife and shipped to their Vancouver facility for gold
analysis by fire assay and other elements by ICP an alysis. ALS is a certified and accredited laborator y service.
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") encompasses 440 sq km of contiguous land immediate ly north, south and
east of the City of Yellowknife in the Northwest Te rritories. Through a series of acquisitions, TerraX controls one
of the six major high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close
to vital infrastructure, including all-season roads , air transportation, service providers, hydro-elec tric 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.