TerraX commences fieldwork on its Sunbeam-Pettigrew and Blackfly Gold Properties, Atikokan area, Northwest Ontario; over 25 Structural Targets to Explore



    TSX-V Symbol: TXR

    VANCOUVER, Sept. 8 /CNW/ - TerraX Minerals Inc. has begun field
exploration on its recently acquired Sunbeam-Pettigrew and Blackfly gold
properties in Northwest Ontario.
    The Sunbeam-Pettigrew property consists of 27 claims totalling 350 claim
units (~55 km(2)), and is situated 15 km from Brett Resources' (TSX-V: BBR)
Hammond Reef property, which contains a National Instrument 43-101 compliant
resource of 155 Mt @ 1.04 g/t Au (approximately 5.2 Moz Au). The Blackfly
property consists of five claims totalling 64 claim units (~10.1 km(2)), is 17
km southwest of Hammond Reef and appears to be along its strike trend. Both
properties occur in the Archean Marmion Batholith, which contains a number of
phases, varying from tonalite to quartz diorite. The geology and known
mineralization on the properties are similar to the Hammond Reef property.
Based on due diligence sampling by TerraX conducted in May 2009, both
properties appear to have the potential to host large low grade deposits
similar to Hammond Reef, and possibly smaller high grade deposits. Sampling by
TerraX returned assays up to 167 g/t Au on the Blackfly property and 3.83 g/t
Au on the Sunbeam-Pettigrew property (see June 1 and July 8, 2009 news
releases).
    Prior to commencing fieldwork, TerraX received the recently released
government airborne magnetic survey. The survey is part of the Ontario
Geological Survey's Atikokan Mineral Development Initiative, and is
specifically designed to cover the promising Marmion Batholith that contains
the Hammond Reef deposit. The geophysical signatures of the Hammond Reef
deposit and of mineralization within the northeast-trending Sunbeam-Atiko and
Pettigrew-Jack Lake shear zones on the Sunbeam-Pettigrew property was used to
produce a template of the desired geophysical response. From this, more than
20 new geophysical targets were identified on the Sunbeam-Pettigrew property
and five on the Blackfly property. Targets are defined by intersections of
structural trends which appear to exert a control on known mineralization, and
by magnetic features which may reflect hydrothermal alteration.
    Immediate work will consist of prospecting, mapping and sampling of the
numerous targets currently identified. It is anticipated that the present list
of targets will be expanded during current fieldwork. In addition, there are
numerous gold showings and small mine workings from the early 1900s that have
had little or no exploration in over a century. At least 15 of these
occurrences have not yet been visited by TerraX. The Company intends to
investigate and systematically sample all known showings during its current
exploration program in preparation for drilling to be conducted in early 2010.
No exploration has been undertaken on either property for a low grade, Hammond
Reef type deposit, so extensive rock sampling will be an integral part of the
current program.
    The work program at the Sunbeam-Pettigrew and Blackfly properties is
being supervised by Tom Setterfield, PhD, P.Geo., and Joseph Campbell, P.Geo.,
who are qualified persons under the definition of National Instrument 43-101.
The technical information contained in this news release has been verified by
Dr. Setterfield, Vice President Exploration, who is a Qualified Person as
defined in "National Instrument 43-101, Standards of Disclosure for Mineral
Properties."

    
    On behalf of the Board of Directors

    "JOSEPH CAMPBELL"

    Joseph Campbell, P.Geo
    President

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    





For further information:

For further information: Stuart Rogers, (604) 689-1749

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