The Conversation (0)
Mar. 16, 2011 11:28AM PST
TerraX Minerals Inc. (CVE:TXR) reports that it has received assay results from three holes drilled in February 2011 on its Road Zone prospect, Ontario.
The press release is quoted as saying:
The Sunbeam-Pettigrew property consists of thirty-six claims totaling 425 claim units (~67 km2) within the Archean Marmion Batholith, in a similar geological environment to the Hammond Reef gold deposit, presently being explored by Osisko Mining Corporation. The Hammond Reef deposit contains a National Instrument 43-101-compliant inferred resource of 259.4 million tonnes at 0.8 grams per tonne Au (approximately 6.7 million ounces of gold).