TerraX Minerals Inc. Corporate Update

About this update from Gold Terra Resource Corp.

[{"type":"text","content":"TerraX Minerals Inc. Corporate UpdateVancouver, British Columbia--(Newsfile Corp. - May 8, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to provide a corporate update and further information about its proposed 2019 exploration plans on its Yellowknife City Gold (YCG) Project.David Suda, President and CEO, stated: \"We would like to thank our shareholders for their commitment and patience over the past 12 months. The company has gone through significant changes and achieved several key milestones (figure A). This work has brought us to a major inflection point in the company's history and has put TerraX on the verge of what could be a very significant discovery. We look forward to announcing more details regarding phase 1 of our exploration plans in the coming weeks.\" Figure ATo view an enhanced version of Figure A, please visit:https://orders.newsfilecorp.com/files/3219/44631_ba14ef8e04f3599e_002full.jpgSummer Drilling Top TargetsIn early 2019, TerraX identified 4 top priority targets. Comprehensive review of the targets including the use of historical data and 2019 assays of historical core, has led to a focus on deposit expansion at Crestaurum and Sam Otto, as well as the advancement of targeting on the North Giant Extension within the Barney Deformation Corridor. Barney Deformation CorridorEarlier this year, TerraX confirmed the extension of gold mineralization on structures that hosted the Giant Mine onto TerraX property (figure 1). TerraX will conduct surface work including geophysical and geochemical surveys for future drill targeting, as well as continuing our review of historical core data. Figure 1: Extension of gold mineralization structures from Giant MineTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/3219/44631_ba14ef8e04f3599e_003full.jpgJoe Campbell, Executive Chairman and Chief Geologist, stated: \"The extension of the Con-Giant Mine structure onto our property is one of the most exciting exploration opportunities I have seen in my career. Large discoveries are few and far between and this is a rare chance to explore such great potential.\"Crestaurum Target A drill program focused on high grade deposit expansion will center on the Crestaurum Main zone, the previously undrilled Crestaurum North (Shear 17), and the Crestaurum hanging wa...

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