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TerraX extends the Walsh Lake structure by 2.7 km to the north with high grade gold in outcrop sampling
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2017) - TerraX Minerals Inc. (TSXV...
About this update from Gold Terra Resource Corp.
[{"type":"text","content":"TerraX extends the Walsh Lake structure by 2.7 km to the north with high grade gold in outcrop samplingVancouver, British Columbia--(Newsfile Corp. - October 11, 2017) - TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report it has extended its Walsh Lake structure by 2.7 km with extensive surface sampling of high grade gold mineralization in outcrop. These results potentially increase the strike length to 6 kilometers through outcrop grab sampling and high gold values in lake sediment geochemical sampling. For all sample results reported, please see map here (https://www.terraxminerals.com/projects/yellowknife-city-gold/field-exploration-2017/#october-11-2017).Highlights Include:22.3 g/t Au in outcrop grab sample 17.9 g/t Au, 68.2 g/t Ag 2.0% Pb, 1.3% Zn in outcrop grab sample11.1 g/t Au in outcrop grab sample 6.0 meters @ 3.14 g/t Au in channel samples7.0 meters @ 2.42 g/t Au in chip sampling of historic trenches6.0 meters @ 1.29 g/t Au in chip sampling of historic trenches8.0 meters @ 1.07 g/t Au in chip sampling of historic trenches The Walsh Lake structure hosts high grade zones previously sampled by TerraX in 2015 and 2016 and drilled by TerraX in 2016 (Mispickel). TerraX explored the northern strike extension of the Walsh Lake structure with surface rock sampling, LiDAR, geophysics, and lake sediment sampling over a broad search area this summer, resulting in the discovery of new mineralized zones with assay results up to 22.3 g/t Au in grab samples. The LiDAR surveys revealed historic trenches over 100 meters of strike that were subsequently chip sampled with results that included 2.42 g/t Au over 7 meters across the strike of the zone. These results are currently being followed up by more extensive channel sampling. Joe Campbell, the Chief Executive Officer of TerraX, states: \"The results reported today greatly expand one of our highest grade mineralized structures, more than tripling the strike length at Walsh Lake in outcrop sampling. The outcrop grab sampling and strong gold values in lake sediment samples potentially extend the strike of the Walsh Lake structure to 6.0 km and greatly increases our chances of finding multiple high-grade zones of mineralization along this structure.\" Today's results include 473 samples from 2015 and 2016 sampling, and 358 samples from the 2017 program. Su...