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TerraX Minerals Inc. (CVE:TXR) reports that it has received results on its Stewart gold-copper property in Newfoundland.
TerraX Minerals Inc. (TSXV:TXR) reports that it has received results on its Stewart gold-copper property in Newfoundland.
The press release is quoted as saying:
A second high grade boulder grading 13.3 g/t Au, 670 g/t Ag and >0.5% Pb was discovered during prospecting of the Forty Creek area of the property, where last fall TerraX discovered a high grade showing of 59 g/t Au and 2290 g/t Ag (see our news release of December 20, 2010) one km northeast of any previously known alteration. The recently completed program included additional geological work to firm up drill targets on the main alteration zone, a structural study to help determine the orientation of the mineralized zones, prospecting focused on the Forty Creek area, and an alteration mineralogy study to vector exploration towards potential economic mineralization. Drill targets have been identified and a minimum 2,500 metre drill program is scheduled to begin in early August.
Click here to access the entire news release.
Click here to access TerraX Minerals’ company profile.(TSXV:TXR)