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TerraX Extends the Duck Lake Mineralized Zone 3 Km East and 2 Km to the South with Outcrop and Channel Sampling
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2017) - TerraX Minerals Inc. (T...
About this update from Gold Terra Resource Corp.
[{"type":"text","content":"TerraX Extends the Duck Lake Mineralized Zone 3 Km East and 2 Km to the South with Outcrop and Channel SamplingVancouver, British Columbia--(Newsfile Corp. - November 13, 2017) - TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to announce follow-up surface sampling results from the Duck Lake structure (\"Duck Lake\"), one of 8 new high grade target areas identified on the Yellowknife City Gold Project during field work this summer (see Map 1 here).Initial results from Duck Lake announced July 18, 2017 identified flat dipping quartz veins ranging up to 1 meter thick exposed over a strike length of at least 500 meters (see our news release of July 18, 2017 here). Further prospecting and mapping programs by TerraX have extended the gold mineralization associated with these structures two kilometers south of the original Duck Lake discovery into the main granite intrusive areas and three kilometers east into a narrow neck of granite intrusion. The setting of the \"flat\" stacked veins in close proximity with granite intrusions is analogous to the Lamaque style deposits in Val d'Or, Quebec. Joe Campbell, CEO of TerraX, states, \"Our summer/fall field program at Yellowknife City Gold has been extremely successful, identifying 8 new target areas with significant potential for additional high grade gold discoveries in the near future. At Duck Lake, we are very excited by the potential for a Val d'Or type deposit. We have greatly expanded the mineralized zones and strike length surrounding targets such as Walsh Lake, Screamer Island and Homer Gold. Newly identified targets, such as Angel, Burwash, Anton, Ryan Lake and Duck Lake, provide us with further opportunities for new high grade gold discoveries on a district scale at Yellowknife City Gold.\"A total of 159 outcrop grab samples were taken at Duck Lake and were categorized by rock and vein association (Map 2 showing the location of these samples can be accessed here):Quartz vein samples (flat veins) hosted in granites (31 samples) with grades up to 1.21 g/t AuComposite quartz vein and granite samples (34 samples) with grades up to 6.19 g/t AuGranite samples proximal to quartz veins (26 samples) with grades up to 1.09 g/t AuFlat veins within metamorphic sediments (68 samples) graded up to 35.4 g/t AuIn addition, outcrop sampling conducted by TerraX suggests th...