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TerraX remains intrigued by Hebert-Brent zone


Last updated 5/29/2016 at Noon

TerraX Minerals Inc. May 19 reported results from 19 holes drilled at the Hebert-Brent zone on its Yellowknife City Gold Project, which is situated immediately north of the capital of Northwest Territories.

Discovered in 2015, Hebert-Brent was channel sampled along exposed zones of mineralization and was subsequently tested with six drill holes, which included one 10.26-meter intercept averaging 3.61 grams per metric ton gold.

The zone, which demonstrates sulfide replacement style mineralization with little or no quartz veining, is of particular interest to TerraX due to its size potential.

The 19 holes drilled during the winter program, which averaged 41 meters depth, tested the interpreted plunge and strike extensions of the mineralized zones exposed on surface.

Six holes drilled to the south of the surface mineralization hit sulfide replacement gold zones over a strike length of 125 meters.

Highlights include eight meters of 3.21 g/t gold in hole TCG16-052; 1.85 meters of 15.08 g/t gold in hole TCG16-040; and 7.1 meters of 3.61 g/t gold in hole TCG16-034.

Based on this drilling, TerraX believes the main Hebert-Brent zone and the Hebert-Brent South zone have potential along a projected southerly dip.

Due to budget and time constraints, however, drilling was terminated before this potential could be tested.

No significant gold intercepts were encountered in the 13 other shallow holes drilled at Hebert-Brent this winter.

The Hebert-Brent deposit type remains a high priority target for TerraX as larger zones of similar alteration and mineralization have been located to the north, east, and south of Hebert-Brent.

These new zones will be comprehensively mapped and sampled during the 2016 field season, beginning in June.


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