For thousands of other reports visit RSC's Mineral Intellingence Map
TerraX Minerals Inc.
Summary
| Project: | Yellowknife City | |
|---|---|---|
| Deposit: | Yellowknife City | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-11-2019: TerraX Minerals Inc. announces a Resource Estimation report for its Yellowknife City deposit at the Yellowknife City project. Initial mineral resource estimate for project. Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC | |
| Resources: | (Resource, Inf.): 12.769Mt @ 1.79g/t Au | |
| CP/QP: | [Resources]: Allan Armitage (SGS Canada Inc.) | |
| ABSTRACT: | Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to announce a first mineral resource estimate on its 100% owned Yellowknife City Gold Project, located 12 kilometers from the city of Yellowknife and 7 kilometers from the former Giant Mine. The classification of the mineral resource estimate was completed in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards incorporated by reference in National Instrument 43-101 (“NI 43-101”). Gerald Panneton, Executive Chairman of TerraX stated: “This first mineral resource for the Yellowknife City Gold Project is a major milestone in the project development. To date, drilling has barely scratched the surface of the property and already we are having exploration success at Sam Otto and Crestaurum, and elsewhere. We are planning a drilling campaign for Q1 2020 on these two main mineralized zones, where we believe the potential to increase the resources is excellent.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report