03:44 PM EST - TerraX Minerals Inc. : has commenced fieldwork on its three wholly-owned properties near Atikokan, Ontario. All three properties, Blackly, Sunbeam-Pettigrew and Central Canada, occur within and on the margins of the Marmion Batholith, in a similar geological environment to the nearby Hammond Reef gold deposit, which was initially explored by Brett Resources and recently acquired by Osisko Mining Corporation. The objective of the fieldwork is to conduct detailed surface mapping to identify the areal extent of the distinctive rock units encountered during our recent drilling that contained gold mineralization. Channel sampling and possible trenching will provide a better understanding of the structural controls and orientation of these zones. This surface work will then be used to more accurately locate the second phase of drilling, to be conducted on these gold zones during the late fall of 2010. TerraX Minerals Inc.
shares V.TXR are trading even at $0.24.
