Tuesday, 28 May 2013

CBC News: Company hopes to usher in new era of Yellowknife gold mining

A junior exploration company — TerraX Minerals — hopes to bring a new era of gold mining to Yellowknife.

The last gold mine close to the city shut down almost a decade ago, and exploration in the Yellowknife gold belt has been stagnant, until now.

In February, TerraX has acquired a site along the lucrative belt, located about 15 kilometres from Yellowknife.

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