Mining News: Northern Neighbors: TerraX expands gold discovery at Mispickel

TerraX Minerals Inc. Sept. 22 reported results from the first four holes of a planned 27,000-meter drill program at it Yellowknife City Gold Project, immediately north of the Northwest Territories capital. Drilled at the Mispickel, all four holes cut significant zones of gold mineralization. Highlights include: 5.53 meters averaging 29.85 grams per metric ton gold in the hanging wall zone of hole TWL16-020; three meters of 22.44 g/t gold in the main zone of TWL16-020; 5.85 meters of 12.47 g/t gold in TWL16-019; 4.67 meters of 13.83 g/t gold in TWL16-021; and two meters of 9.37 g/t gold in hole TWL16-022. “The pervasive gold mineralization at Mispickel continues to indicate a large mineralizing system. There are currently three drills turning on the property with a focus on expansion step-outs and discovery drilling,” said TerraX President Joe Campbell. TerraX has completed 13 of 20 holes planned for Mispickel this fall. The company plans to follow-up at Mispickel by further testing along the strike and dip extensions of the structure during the winter drill program scheduled to begin in January.

-Shane Lasley