03:48 PM EST - TerraX Minerals Inc. : reported assay results from the ongoing re-logging and re-sampling of drill core from its Northbelt property. The two holes reported today, NB-96-04 and NB96-02 were drilled by Nebex Resources Ltd. in 1996 to test the Barney Lake Shear Corridor, which is widely recognized in industry publications and historic reports to be the northern continuation of the gold mineralized shear system that hosted the past-producing Con (5.5 Moz) and Giant (7.6 Moz) gold mines in Yellowknife. Hole NB96-04 was drilled 60 m north of hole NB95-16 (20.86 m @3.79 g/t Au, inclusive of 4.00 m @ 12.59 g/t Au reported August 14, 2013) on the Barney Shear. Hole NB96-04 is interpreted by TerraX to transect the same zone as NB95-16 and intersected 1.90 g/t over 27.00 m, including 8.97 g/t Au over 2.70 m. In addition to the main zone of mineralization NB96-04 intersected other lower grade zones of mineralization above the main zone, including anomalous silver, copper and lead. TerraX Minerals Inc.
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