TerraX finds new zone of high-grade gold
Last updated 8/16/2015 at Noon
TerraX Minerals Inc. Aug. 11 said channel sampling of a new zone of mineralization, the Hebert-Brent showing, at the Yellowknife City Gold Project returned 11 meters averaging 7.55 grams per metric ton gold. This sample comes from a newly mapped deformation zone located 1,000 meters south and on strike with the Barney Zone drilled in 2014, where one hole cut 22.42 meters 6.35 g/t gold. "This high-grade sampling result reported today is illustrative of the prospectivity of the YCG, where we have the ability to discover top quality virgin mineralization on surface within an established major Canadian Gold camp," said TerraX President Joe Campbell.