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Terrax Minerals Inc (TXR.V)

TXR.V on TSX Venture Exchange

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Latest Key Developments (Source: Significant Developments)

TerraX Minerals Inc to acquire additional claims at Yellowknife City Gold Project
Wednesday, 20 Jan 2016 08:00am EST 

TerraX Minerals Inc:Announces that it has entered into a purchase agreement with two arm's length parties for the purchase of two mining claims totaling 235 hectares (2.35 sq km) that will be incorporated into TerraX's Yellowknife City Gold Project.Says Terrax will issue to the vendors 15,000 common shares each (a total of 30,000 shares) as consideration for the claims.  Full Article

TerraX Minerals Inc commences summer drill program on Yellowknife City Gold Project
Wednesday, 22 Jul 2015 12:32pm EDT 

TerraX Minerals Inc:Commenced drilling on its wholly-owned Yellowknife City Gold project in the Northwest Territories.This summer drill campaign will total up to 6,000 m of drilling and will focus on the Barney Shear, which is extension of Con/Giant shear system that produced over 14 Moz of gold; and Crestaurum.With over $6.25 in working capital, TerraX is fully funded for multiple drill campaigns that will follow this initial program, resuming this winter and continuing through 2016.Drilling has begun on the Crestaurum Zone with the overall objective to test the dip and plunge extensions of the high grade gold shoots within this zone, which has never been tested below 100 m of vertical depth.Later in the program, drilling will be carried out on the Barney Shear to extend the strike and dip of the higher grade mineralization intersected in historical drill holes and during 2014 and winter 2015 drill campaigns.  Full Article

TerraX Minerals Inc agrees to non-brokered private placement for $2 Million with CMP
Tuesday, 2 Jun 2015 01:17pm EDT 

TerraX Minerals Inc:Expected to close a non-brokered private placement of 5,000,000 flow-through shares at $0.40 per share for gross proceeds of $2,000,000 with CMP.  Full Article

TerraX Minerals Inc announces non-brokered private placement of $3.49 mln
Tuesday, 19 May 2015 07:00am EDT 

TerraX Minerals Inc:Has agreed to non-brokered private placement of up to 7,700,000 flow-through units at $0.45 per unit for gross proceeds of $3,492,000.Says each unit will consist of one flow-through common share and one-half of one share purchase warrant, with each full warrant entitling holder to purchase an additional common share at an exercise price of $0.55 per share for period of three years from date of closing.Finders' fee will be payable on a portion of this placement, which is subject to acceptance for filing by TSX Venture Exchange.  Full Article

More From Around the Web

BRIEF-TerraX drills 7.40 m @ 10.17 g/t Au along strike of previous drilling at Mispickel, Yellowknife City Gold Project

* TerraX drills 7.40 m @ 10.17 g/t Au along strike of previous drilling at Mispickel, Yellowknife City Gold Project. Source text for Eikon: Further company coverage:

No consensus analysis data available.