TerraX expands Giant/Con gold system in the Gull an d Rater Lake areas, samples up to 171 g/t Au
September 14, 2018 TSX-V: TXR
Frankfurt: TX0
OTC Pink: TRXXF
News Release
TerraX expands Giant/Con gold system in the Gull an d Rater Lake areas, samples up to 171 g/t Au
Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to
announce further assay results from the Company’s summer field program on the Yellowknife City Gold project.
High grade gold assays from grab sampling have exte nded the strike of the Gull and Rater Lake zones. A s
previously reported these new targets are in the same mafic volcanic geology that also hosted the Giant and Con
mines, and are within TerraX’s Core Gold exploratio n area. The highlight assays are 171.0 g/t Au , 5.60 g/t Au ,
5.29 g/t Au , and 4.49 g/t Au on the Rater Lake zones, and 72.0 g/t Au , 52.5 g/t Au , 29.0 g/t Au , and 12.95 g/t
Au on the Gull Lake Zone.
David Suda, President and CEO stated: “The results of our summer field work continue to feed our pipeline of
drill targets.” David Suda further stated: “It is h ighly encouraging to see surface results which exte nd potential
strike to the Giant mine structure.”
These gold zones are interpreted as being the conti nuation of the Giant Mine gold system. The Rater La ke
structure has been followed for 300 meters north, and then appears to be offset to the west on the Akaitcho Fault,
possibly continuing as the Gull Lake structure for another 1200 meters north. A second sub-parallel zone appears
on the south side of Rater Lake with high grade val ues up to 171 g/t Au. (see map available here) . The multiple
gold bearing structures in this area enhance the expanding resource potential of the Northbelt Core Gold Area.
Assay values from grab sampling at Gull and Rater L akes range from nil to a high of 171.0 g/t Au. Sam pling
included insertion of certified standards and blank s 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 analysis. A LS is a certified and accredited laboratory service . It should
be noted that, due to their selective nature, assay results from grab samples may not be indicative of the overall
grade and extent of mineralization on the subject area.
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 ("YCG") project encompasses 772 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 70 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
"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.