TerraX commences drilling at Rubble and WN2 showings, Sunbeam-Pettigrew gold project near Atikokan, Ontario; Recent channel sampling returns 11 m @ 0.50 g/t Au at Rubble showing and 23 m @ 0.28 g/t Au at WN2 showing.

About this update from Gold Terra Resource Corp.

[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, Feb. 15, 2012 /CNW/ - TerraX Minerals Inc. (TSX.V: TXR;\n Frankfurt: TX0) has commenced a 1,200 meter drill program at its\n wholly-owned Sunbeam-Pettigrew gold project near Atikokan, Ontario. \n The Sunbeam-Pettigrew property consists of 36 claims totaling 425 claim\n units (~67 km2) within the Archean Marmion Batholith, in a similar\n geological environment to the Hammond Reef gold deposit, presently\n being developed by Osisko Mining Corporation.  During the summer of\n 2011 two showings at Sunbeam-Pettigrew, Rubble and WN2, were stripped\n and channel sampled.  Results included 11 m @ 500 ppb (0.50 g/t) Au at\n Rubble and 23 m @ 276 ppb (0.28 g/t) Au at WN2 (see Table 1).\n\n\nTable 1: Significant Results from Channel Sampling at Rubble and WN2\n\nShowing\n\n\nChannel Location\n\n\nLength (m)\n\n\nGrade (ppb Au)\n\n\nRubble\n\n\nNorthernmost Outcrop\n\n\n9\n\n\n240\n\n\nRubble\n\n\nNorthernmost Outcrop\n\n\n2\n\n\n739\n\n\nRubble\n\n\nNorth-central Outcrop\n\n\n11\n\n\n500\n\n\nRubble\n\n\nSouth-central Outcrop\n\n\n9\n\n\n418\n\n\nRubble\n\n\nSouth-central Outcrop\n\n\n10\n\n\n331\n\n\nRubble\n\n\nSouthernmost Outcrop\n\n\n4\n\n\n190\n\n\nWN2\n\n\nNorthern End\n\n\n21\n\n\n193\n\n\nWN2\n\n\nSouthern End\n\n\n23\n\n\n276\n\n\n \n\n\nIncluding\n\n\n1\n\n\n2930\n\n\n\n\n\nThe Rubble showing consists of four stripped outcrops dispersed along a\n 190 m strike length of a 025° trending lineament/swamp.  Several\n sub-vertical to northwest dipping shears and quartz-ankerite-pyrite\n veins with associated ankerite-pyrite alteration occur along the length\n of the showing.  Channels were cut to intersect perpendicular to the\n main trend of mineralization.  Anomalous gold is present along the\n length of the showing (Table 1), with a maximum exposed mineralized\n width of 11 m.  The areas immediately east of the outcrops are\n concealed by swamp and the total true width of this mineralization\n could be as wide as 30 m.  Mineralization at Rubble is also open along\n strike to the northeast and southwest. The entire width will be tested\n during the drill program as well as strike extensions of the stripping.\n\n\nThe WN2 showing is part of the 045° trending WN2/Pettigrew lineament,\n known to have anomalous gold over a strike length of at least 8.9 km.&#xA...

More updates from Gold Terra Resource Corp.