VANCOUVER, BC / ACCESSWIRE / September 9, 2019 / TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to announce the extension of gold mineralization at Sam Otto by an additional 600 meters of strike with results from 1182 meters of drilling in six holes (Figure 1). These results combined with the drilling of three holes in 2018, the Sam Otto South zone now extends for 1.2 kilometers, and remains open in all directions. Gold mineralization of the Sam Otto trend has been defined for a minimum of 2.5 kilometers along the 5 kilometer Sam Otto structural corridor.

Phase 1 drill highlights from the Sam Otto South zone include: 7m of 2.93 g/t gold (within a broader interval of 40 m of 0.6 g/t Au) 14m of 1.36 g/t gold (within a broader interval of 34m of 0.64 g/t Au), 11m of 1.24 g/t gold, and 9m of 1.2 g/t gold (Figure 2). See Table 1 below for a complete summary:

Figure 1: Sam Otto 'Mineralized Zone' is defined by drilling and gold bearing surface sampling. Dotted line indicating "Mineralized Shear Structure Mapped' shows the location of favorable extensions of shears that were mapped in the summer of 2019

Message from David Suda, CEO:

"The opportunity at Sam Otto has improved considerably with these results by extending gold mineralization to 2.5 kilometers of strike length. We are very much looking forward to the remaining results from Sam Otto and the nearby high grade target at Crestaurum. These targets are in close proximity to one another and represent the opportunity for TerraX to deliver an attractive resource next to excellent infrastructure in the town of Yellowknife."

Technical Summary:

Gold mineralization encountered within the Sam Otto South target is located in shear zone structures 100 - 200 meters in width with strong sericite alteration and shearing. These geological characteristics are consistent with what is observed at the Sam Otto Main zone, clearly demonstrating the bulk tonnage of the 3.5 kilometer Sam Otto South structure.

The nine drill holes from the 2018 and 2019 campaigns in the Sam Otto South zone together with surface channel samples have shown that higher grade lenses (27m of 2.14 g/t, for e.g.) are at a 10 - 15 degree angle to the main north - south trending structure and alteration zone. An additional three drill holes have been completed this summer with results pending to test for geometric continuity of the higher grade lenses at depth. TerraX is planning aggressive step out drilling along the Sam Otto structure next winter as it will provide 100% access along the trend.

Figure 2: Areas of 'Mineralized Zone' are based on drill holes and surface sampling. All drill holes have gold mineralized intersections and the zones remain open in all directions.

Table 1:

Sam Otto South - Phase 1, 2019 DDH
Drill Hole	Dip	Azimuth	UTM Location			From (m)	To (m)	Interval (m)	Au g/t
			Easting	Northing
TSO19-043	-45	270	639740	6943035		24.00	64.00	40.00	0.60
					incl.	34.00	31.00	7.00	2.93
					and	98.00	112.00	14.00	0.71
					incl.	99.00	107.00	8.00	1.02
					and	126.00	130.00	4.00	0.80
					and	156.00	157.00	1.00	1.10
TSO19-044	-45	270	639742	6943140		19.85	24.00	4.15	0.79
					and	30.00	31.00	1.00	0.90
					and	84.00	89.00	5.00	0.46
					incl.	88.00	89.00	1.00	1.28
					and	112.00	113.27	1.27	0.73
					and	115.09	120.00	4.91	0.88
					incl.	119.00	120.00	1.00	1.70
					and	147.00	149.00	2.00	0.88
					and	154.00	156.00	2.00	0.40
TSO19-045	-45	270	639740	6943339		35.25	37.00	1.75	0.32
						41.00	75.00	34.00	0.64
					incl.	41.90	44.00	2.10	1.61
					incl.	61.00	70.00	9.00	1.20
					and	87.75	101.25	13.50	0.60
TSO19-046	-45	270	639787	6943420		82.00	83.00	1.00	0.52
						90.00	104.00	14.00	1.36
					incl.	90.00	99.62	Share article: Watch latest videos Subscribe and Follow Get a daily dose of Boston Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well. Subscribe Now News RELEASES Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Boston Star. More Information Business Section Human rights concerns over plans for no-deal Brexit LONDON, UK - The UK government has been forced by Parliament to make public its contingency plans in the event ... Bob Iger quits Apple as streaming services go head-to-head CUPERTINO, California - Walt Disney Co Chief Executive Officer Bob Iger has quit the Apple board as the two companies, ... Dow Jones inches ahead in otherwise flat market Friday NEW YORK, New York - Strong U.S. retail sales and data showing a rise in U.S. consumer sentiment encouraged investors ... Sale of Ohio pipeline to NEXUS to come with FTC conditions Joint venture NEXUS Gas Transmission, LLC, and its member companies, DTE Energy Company and Enbridge Inc., will settle Federal Trade ... Stocks in Asia hit six-week high SYDNEY, NSW, Australia - Stocks in Asia hit a 6 week high on Friday on news overnight that the ECB ... NFL and Facebook combine to take football global NEW YORK, New York - The National Football League and Facebook have announced a multi-year partnership extension which will see ... Massachusetts Section With New North Korea-US Talks Likely, Will a Deal Result WASHINGTON - Promised talks this month between the United States and North Korea will give President Donald Trump yet another ... Russia Rejects Criticism About Detention of U.S. Citizen Paul Whelan Russia's Foreign Ministry has rejected criticism from the U.S. Embassy in Moscow and from Elizabeth Whelan, a sister of the ... Ex-New Mexico Priest Gets 30 Years for Child Sexual Abuse A former Roman Catholic priest who fled to Morocco before he was returned to the United States and convicted of ... US Actress Sentenced to 14 Days for College Admissions Scandal U.S. actress Felicity Huffman has been sentenced to 14 days in prison for her role in a wide-ranging U.S. college ... US university head admits he approved Epstein gift The president of the prestigious Massachusetts Institute of Technology (MIT) admitted on Thursday he had approved financial support from Jeffrey ... Democratic Presidential Candidates Trade Jabs, Assail Trump The 10 leading U.S. Democratic presidential candidates squared off in a spirited debate Thursday night, trading political jabs with each ... Movie Review Sobibor