TerraX drills 13.90 m of 1.11 g/t Au at Road Zone

TerraX Minerals Inc. (TSXV: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).

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