TerraX begins drilling at Blackfly Gold Property, Atikokan, Ontario
Nov. 30, 2010 11:49AM PST
Gold Investing
TerraX Minerals Inc. (CVE:TXR) reports that it has began core drilling at its Blackfly gold project near Atikokan, Ontario.
TerraX Minerals Inc. (TSXV:TXR) reports that it has began core drilling at its Blackfly gold project near Atikokan, Ontario.
The press release is quoted as saying:
The Blackfly property consists of five claims totaling 64 claim units (~10.1 km2) located 10 km northwest of the town of Atikokan, 180 km west of Thunder Bay and 17 km from Osisko Mining Corporation’s (TSX: OSK) Hammond Reef gold deposit. As does the Hammond Reef deposit, the Blackfly property occurs on the western edge of the Marmion Batholith. The geology and known mineralization on the Blackfly property are similar to the Hammond Reef deposit and the Blackfly deposit appears to be along strike from Hammond Reef.