TXR Terrax Minerals Inc

TerraX Minerals Inc. (TSX VENTURE:TXR)(FRANKFURT:TX0)(PINKSHEETS:TRXXF) has
completed the winter portion of its Phase 1 drill program at the Yellowknife
City Gold project, Northwest Territories. During this program, TerraX drilled 14
holes totaling 2,305 m, including 4 holes on Homer (1,001 m), 4 holes on
Crestaurum (533 m), and 5 holes on the northern extension of the Barney Shear
(751 m). TerraX is awaiting assay results and will report these in due course as
they become available. 


The summer drill program is scheduled to begin in mid-June once water levels
recede and ground conditions improve. A further 3,500 m of drilling is planned
during the summer program, made up of approximately 1,000 m at Crestaurum and
2,500 m at the Barney Shear Zone. For more information on the Yellowknife City
Gold Project, please visit our web site at www.terraxminerals.com.


The technical information contained in this news release has been approved by
Joseph Campbell, the President of TerraX, who is a Qualified Person as defined
in "National Instrument 43-101, Standards of Disclosure for Mineral Projects." 


About the Yellowknife City Gold Project

The Yellowknife City Gold Project encompasses approximately 8,400 hectares of
contiguous land immediately north of the City of Yellowknife in the Northwest
Territories and includes TerraX's wholly-owned Northbelt property acquired in
February 2013.


The Northbelt gold property encompasses 3,562 hectares on the prolific
Yellowknife belt, all within 15 km of the city of Yellowknife, and covers 13 km
of strike on the northern extension of the geology that contained the Giant (7.8
Moz) and Con (5.5 Moz) gold mines. The Northbelt property is host to multiple
shears that are the recognized hosts for gold deposits in the Yellowknife camp
and it contains innumerable gold showings and historic high grade drill results.



TerraX has carried out a strategy of acquiring prospective ground adjacent to
Northbelt and in October 2013 entered into an option agreement whereby it can
acquire a 100% interest in the Walsh Lake gold property, which is contiguous
with and immediately east of Northbelt. The Walsh Lake property consists of
seven leases and five claims totaling 6,659 acres (2,695 hectares). TerraX has
also staked and acquired ground to the west of Northbelt to cover prospective
geology that is on strike from Northbelt structures.


On behalf of the Board of Directors

Joseph Campbell, 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.


This news release contains forward-looking information, which involves known and
unknown risks, uncertainties and other factors that may cause actual events to
differ materially from current expectation. Important factors - including the
availability of funds, the results of financing efforts, the completion of due
diligence and the results of exploration activities - that could cause actual
results to differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time on SEDAR (see www.sedar.com).
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press release. The company
disclaims any intention or obligation, except to the extent required by law, to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Paradox Public Relations
514-341-0408 or Toll Free: 1-866-460-0408
info@paradox-pr.ca


Vanguard Shareholder Solutions
604-608-0824 or Toll Free: 855-508-0824
ir@vanguardsolutions.ca

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