TYHEE GOLD CORP

(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)

Free
Message: TerraX Yellowknife City Gold project, a 'World-Class Exploration Project'

On Feb. 1, Beacon Securities named TerraX as one of its five "Spec Buys" for 2017, small-cap mining stocks that the firm believes have "discovery, development and/or takeout potential."

Jay Taylor, in Gold, Energy & Tech Stocks, described TerraX as a "junior gold mining company that has a world-class exploration project and also enjoys the technical assistance of Osisko Gold Royalties, which owns 11% of the company."

Its land package is "on trend with two of the highest-grade gold mines ever produced in Canada, those being the Con Mine with 6.1 million ounces grading 16.1 g/t gold and the Giant Mine where 8.1 million ounces of gold were produced grading 16.0 g/t gold. Of six high-grade Archean gold districts in Canada, where some 251 million ounces of gold have been mined over the years, the Yellowknife District is the most northerly and least explored of these six districts."

There is daily jet service out of the Yellowknife airport that is only 8 km by road from the city. Yellowknife is a city of good size with skilled miners, and with the Blue Fish Hydro Dam on the property, it has an abundance of low-cost power."

 

Source: http://www.investorideas.com/news/2017/mining/02172TerraX.asp

Share
New Message
Please login to post a reply