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YGT.V ·

TerraX stakes 337.5 square kilometers of contiguous ground in the highly prospective Yellowknife Gold District

Mergers & Acquisitions

March 7, 2018 TSX-V: TXR

Frankfurt: TX0

OTC Pink: TRXXF

News Release

TerraX stakes 337.5 square kilometers of contiguous ground in the highly prospective

Yellowknife Gold District

Vancouver, B.C. -- TerraX Minerals Inc. (TSX-V: TXR ; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to

announce that it has expanded its land position at its wholly-owned Yellowknife City Gold (“YCG”) proj ect through

the staking of an additional 337.5 square kilometer s immediately to the north of its current propertie s. These

additional 47 claims were staked based on extensive field exploration completed on the YCG during the summer

and fall of 2017 and bring our total holdings adjac ent to the City of Yellowknife to 771.6 sq km cover ing

approximately 70 km of strike. The map indicating the newly acquired lands can be accessed here.

Joseph Campbell, the CEO of TerraX, stated "I belie ve this is a land position unmatched in gold potent ial by any

other junior mining company in Canada. Our 2017 exploration and our compilation of regional geological data from

the Slave Geological Province confirms that the deep crustal structure (the “Main Break”) for the Yell owknife gold

camp extends north from our Northbelt claims. The c onsolidation of the most prospective 70 kilometers of gold

bearing strike length on this belt reinforces TerraX’s dominant control of this major gold district. TerraX will continue

to comprehensively explore this entire land package in the coming campaigns.”

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 771.6 sq km of contiguous land immediately north,

south and east of the City of Yellowknife in the No rthwest Territories. Through a series of acquisitio ns, 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-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

"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

[email protected]

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.