Terrax Minerals Inc. (
TSX: V.TXR,
Stock Forum) rose 2% to 49 cents Monday, after the company released drilling results from its Yellowknife City Gold project in Canada’s Northwest Territories.
The results include assays from the first five of 14 holes drilled this summer on the Northbelt Poprerty, where crews have been focusing on the Barney Shear target,
Terrax said in a release.
Highlights include 22.42 metres at 6.45 grams per tonne gold, including 5.16 metres at 18.40 grams per tonne in hole NB95-16W1 and 45.71 metres at 1.56 grams per tonne gold, including 15.73 metres at 3.73 grams per tonne gold in hole NB96-16W3.
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