TerraX completes high resolution airborne magnetic and radiometric and LiDAR surveys over the Quyta- Bell property.
October 9, 2018 TSX-V: TXR
Frankfurt: TX0
OTC Pink: TRXXF
News Release
TerraX completes high resolution airborne magnetic and radiometric and LiDAR surveys over the Quyta-
Bell property.
Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to
announce the completion of a helicopter-borne high resolution magnetic and radiometric survey over the Quyta-
Bell property of the Yellowknife City Gold Project (YCGP). This 6409 line-kilometer survey was complet ed by
Precision GeoSurveys Inc., of Langley, BC. A 434 sq uare kilometer airborne LiDAR survey was also compl eted
over the Quyta-Bell property by LiDAR Services International Inc. of Calgary, AB. Maps of the airborne geophysical
and LiDAR coverage are available here .
These surveys received funding support totaling $16 0,000 (CDN) through the government of the Northwest
Territories (GNWT) Mining Incentive Program (MIP). The MIP is administered by the Industry, Tourism an d
Investment ministry (ITI) of the GNWT.
Dave Suda, President and CEO of TerraX, stated “The se airborne surveys will be used by the TerraX tech nical
team to better define potential gold mineralized zo nes on the Quyta-Bell property. The MIP funding pro vided by
the GNWT was a key component to the completion of these leading-edge surveys. Their forward-looking approach
supports innovative geoscience for use in mineral exploration throughout the NWT.”
The technical information contained in this news re lease has been approved by Joseph Campbell, Executi ve
Chairman of TerraX, who is a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure
for Mineral Projects."
About the Yellowknife City Gold Project
The Yellowknife City Gold Project ("YCGP") project encompasses 780 square kilometers of conti guous land
immediately north, south and east of the City of Ye llowknife in the Northwest Territories. Through a s eries 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 YCGP is close to vital infrastructure, including all-season roads, air transportation, service
providers, hydro-electric power and skilled tradespeople.
The YCGP lies on the prolific Yellowknife greenston e belt, covering 70 km of strike length along the m ain
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 YCGP, please visit our web site at www.terraxminerals.com .
On behalf of the Board of Directors
"JOSEPH CAMPBELL"
Joe Campbell
Executive Chairman of the Board
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.