TerraX Receives Assay Results from the 2011 Fall Drill Program

TerraX Minerals Inc.(TSXV:TXR) reported the final assay results from their fall drill program at the 100% owned Stewart gold-copper property.

As quoted in the press release:

Five holes totaling 2,700 m were drilled to test the western half of a large (6 km x 1.4 km) hydrothermal system defined by surface mapping; the western half has been partially defined in the third dimension by a Titan 24 deep penetration IP survey. The five holes were widely spaced over a strike length of 1.7 km, and were designed to examine various geophysical signatures in both the inferred core and the margin of the system.

TerraX Minerals Inc.,President, Joe Campbell, said:

TerraX is confident that the Stewart property has potential to host a major porphyry Cu-Au deposit. This initial 5 hole drill program, while only testing a small portion of the property, has greatly increased our knowledge of this very large hydrothermal system. Three dimensional modeling is now underway using this new information which will result in better defined targets for a follow-up drill program in 2012.

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