TerraX drills 1.90 m @ 13.96 g/t Au and 2.08 m @ 10.90 g/t Au at the Dave's Pond Zone, strike of zone now increased to 400 meters

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 2, 2017) - TerraX Minerals Inc. (TSX VENTURE:TXR)(FRANKFURT:TX0)(OTC PINK:TRXXF) is pleased to announce assay results from the first 22 holes from the 2017 winter drill program just completed at the Yellowknife City Gold Project ("YCG") in the Northwest Territories. A total of 43 holes comprising 14,689 metres were drilled on multiple targets on both the Northbelt and Southbelt project areas, with assay results pending from the remaining 21 holes, of which 15 holes were drilled at Northbelt (Sam Otto, Banting Lake and Jackson Lake) and six holes were drilled at Southbelt to test the high-grade Con Shear and New Vein targets