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TerraX samples up to 27.9 g/t Au from new zone at Screamer Island
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2017) - TerraX Minerals Inc. (...
About this update from Gold Terra Resource Corp.
[{"type":"text","content":"TerraX samples up to 27.9 g/t Au from new zone at Screamer IslandVancouver, British Columbia--(Newsfile Corp. - September 26, 2017) - TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report assay results from a new zone of high-grade gold mineralization identified during a property wide exploration program that is ongoing at its 418 square km Yellowknife City Gold Project (YCG). Assay results are from the new Screamer Island target, 3.5km to the south of Sam Otto which included 27.9 g/t Au, 4.46 g/t Au, 4.15 g/t Au and 3.95 g/t Au in representative rock samples from wide zones of outcropping mineralization, with an additional five samples grading greater than 1 g/t Au. These results more than quadruple the strike length of the company's Sam Otto target which is now over 5km (please see map here) (https://www.terraxminerals.com/projects/yellowknife-city-gold/field-exploration-2017/#september-26-2017)Joe Campbell, the Chief Executive Officer of TerraX, states: \"These results support our belief that Sam Otto is a large mineralized system which now extends over 5km with the potential for much higher grade.\"Mr. Campbell further stated: \"Our property wide exploration is ongoing and we are confident that other high-grade zones of gold mineralization may be discovered on surface prior to our next drill program.\"TerraX will be following up with channel sampling and enhanced ground geophysics analysis which is expected to be completed this year. Surface exploration on the Yellowknife City Gold project this summer has collected more than 5,500 samples to date. Today's results are for 128 samples and to date, TerraX has reported assays on 648 samples. Assay results are pending from more than 4,800 samples with extensive surface work underway. The results from a total of 128 samples are reported here with sample values ranging from nil to a high of 27.9 g/t Au, with 9 samples returning assay values greater than 1 g/t Au. Sampling included insertion of certified standards and blanks into the stream of samples for chemical analysis. Samples were prepared at ALS Chemex's laboratory in Yellowknife and shipped to their Vancouver facility for gold analysis by fire assay and other elements by ICP analysis. ALS is a certified and accredited laboratory service. It should be noted that, due to their selective nature, ass...