Grants and Contributions:

Grant or Award spanning more than one fiscal year (2017-2018 to 2018-2019).

Mineral exploration is a pillar of Canada's economy with annual mineral production topping $45 billion a year,x000D
creating >375,000 jobs, $89.5 billion in exports, more than $677 million in R&D expenditures and a betterx000D
standard of living for all Canadians. Headquartered in Vancouver, BC, TerraX Minerals Inc. (TerraX) is ax000D
Canadian based gold exploration company with an extensive land package in the Yellowknife Gold Campx000D
mining district. TerraX is advancing its exploration activities on the highly prospective, 382 sq. kmx000D
Yellowknife City Gold Project (YCG) near Yellowknife, NWT, home of the historic Con and Giant goldx000D
mines. Diamond drilling is a critical but exceedingly expensive component of any successful mineralx000D
exploration program. Costs are typically measured in millions of dollars, representing most of a company'sx000D
annual exploration budget. In order to remain competitive in a highly volatile industry, TerraX recognizes thex000D
importance of gaining as much information as possible from their drilling efforts. Initial work on thex000D
mineralogy, petrology, and geochemistry of four mineralized zones at the YCG Project provided key insightx000D
into trends in belt-scale mineralization and identified key pathfinder elements that can be used as vectors to ore.x000D
The objective of this study is to conduct a real-time pilot-scale test during gold exploration this summer asx000D
TerraX continues to explore for new mineralization. We will apply newly developed synchrotron innovationsx000D
that provide a rapid sample screening protocol based on in situ major and trace element geochemical mappingx000D
of drill core. This will be followed up by innovative in situ geometallurgy that will identify refractory vs. freex000D
milling gold directly on core. The technique has the added benefit of identifying potentially deleteriousx000D
elements associated with ore for community engagement and long-term planning. The results will helpx000D
exploration efforts, aid mineral processing, and guide environmental compliance. This project will usex000D
cutting-edge technological innovation to provide a new model from which TerraX can better assess thex000D
potential of the local geology to host further gold reserves, including gold mineralization at depth.