TerraX Yellowknife City Gold project covers 23 km of the Yellowknife Greenstone Belt in the Northwest Territories of Canada. The project area contains multiple gold-bearing structures within the same geology as the past-producing Giant and Con mines. Recent drilling has intersected high-grade gold intercepts on the Barney Shear, Crestaurum, and newly discovered Hebert-Brent and Mispickel zones. The project is road accessible near Yellowknife and is fully funded for ongoing exploration aimed at expanding known zones and discovering additional deposits.

1. TXR TSX‐V TX0 Frankfurt TRXXF OTC
YELLOWKNIFE
CITY GOLD
PROJECT
The
Last Undeveloped
High-Grade Gold Camp
in Canada
March 31, 2016

2. Cautionary Statement 1
2

3. 3
Cautionary Statement 2

4. GEOLOGY ‐ Covers 23 km of strike (118 km2) on one of the major high‐grade gold camps in Canada – and the
least explored.
LOCATION ‐ “In the shadow of the head frame” immediately north and south of the world‐class Giant and
Con Gold Mines ‐ 14.2 Moz Gold1 produced over 60 years @ average grade of 16 g/t Au1
ACCESSIBLE ‐ Road access to city of Yellowknife (5 km to south), supply centre for NWT exploration; new
(2013) hydro‐power dam on property; 8 km from commercial airport; skilled trades people and local support
EXCELLENT ENDOWMENT ‐ Multiple gold‐bearing structures:
‐ Barney Shear (extension of shear that hosted Con and Giant) ‐ TerraX drills 22.4 m @ 6.35 g/t Au2
‐ Crestaurum – drill intercept of 5.0 m @ 62.9 g/t Au3
‐ Shear 20 – drill intercept of 21 m at 2.97 g/t Au4
‐ Hebert‐Brent – new discovery summer 2015 ‐ surface channel sampling of 11.0m @ 7.55 g/t Au5
‐ Mispickel – new discovery winter 2016 drilling 7.30m @ 23.60 g/t Au23
FUNDED & ACTIVE – $5.2M raised in placements in June, 2015
‐ Sale of option on 1% NSR to Osisko Gold Royalties for $1 Million; additional $2M required to exercise
‐ fully funded for multiple drill programs in 2016.
SECURE LAND HOLDINGS – Northwest Territories, Canada
‐ 100% ownership; majority of property is mineral leases, with no work commitments or property payments
ATTRACTIVE SHARE STRUCTURE – 67.5M shares issued
‐ 14.8% ownership by management and staff
‐ 16.9% acquired for cash in private placements by Osisko Gold Royalties (TSX: OR)
EXPERIENCED MANAGEMENT ‐ Exploration, resource definition, mine planning and operations
4
Investment Highlights

5. Company Overview
Issued Shares: 67.5 mln
Options: Total : 6.2 mln
2,050,000 @
395,000 @
100,000 @
295,000 @
1,050,000 @
500,000 @
750,000 @
175,000 @
600,000 @
250,000 @
$0.17 (Jun. 28, 2018)
$0.35 (Dec 24, 2017)
$0.61 (Sept 30, 2016)
$0.45 (Dec 23, 2016)
$0.35 (Mar 14, 2019)
$0.61 (May 5, 2019)
$0.38 (Mar 26, 2018)
$0.31 (July 22, 2018)
$0.25 (Sept 1 2017)
$0.32 (Feb 11, 2018)
Warrants: Total: 10.8 mln
3,186,043 @
1,236,462 @
750,000 @
650,000 @
4,018,738 @
946,136 @
$0.30 (May. 8, 2016)
$0.50 (Dec 20, 2016)
$0.51 (Feb 12, 2017)
$0.57 (Feb 28, 2017)
$0.50 (Sept 30, 2017)
$0.55 (June 5, 2018)
Fully Diluted Shares: 84.5 mln
Basic Market Cap (C$0.31/share) $20.9 mln
Held by Management: 14.8%
Held by Osisko Gold Royalties: 16.9%
Working Capital $2.7 Million
TXR TSX‐V
TRXXF OTC Pink
TX0 Frankfurt
March 31, 2016
5

6. Joseph Campbell, P. Geo – President, CEO and Director
• 36 years of experience, including Exploration and Mine Development, open pit & underground
• Project Manager for 7 years from discovery to pre‐feasibility ‐ Meliadine gold project, Nunavut
⁻ Introduced Meliadine to Agnico Eagle (AEM) in 2007; wrote Endowment Study for AEM
⁻ Completed pre‐feasibility level scoping study in 2008 with AEM engineers in Val D’Or;
⁻ AEM acquired ≈9% of Comaplex ($46.9M in cash) in 2008;
⁻ AEM acquired balance of Comaplex for $650 Million in shares in 2010;
⁻ One of Agnico Eagle’s largest projects in terms of reserves and resources:
P&P Reserve of 3.3 Moz @ 7.44 g/t Au with Indicated Resource of 3.3 Moz @ 5.06 g/t Au
⁻ Agnico’s “fastest growing project with multiple high‐grade zones”:
Inferred resource at 3.5 Moz @7.65 g/t Au
Dr. Thomas Setterfield, P. Geo – VP Exploration and Director
• 36 years of international experience: Ph.D in Geology from Cambridge University (1991)
• Expert in IOCG, Epithermal Au and VMS deposit types
Stuart Rogers, CFO and Director
• 25+ years as director and senior officer of public companies on TSX‐V, TSX and NASDAQ
Paul Reynolds, P. Geo – Director
• 28 years of experience in resource exploration and public company management
Elif Lévesque, CPA, CGA, MBA – Director
• Chief Financial Officer and VP Finance for Osisko Gold Royalties since June 2014
• 13 years of experience in finance, treasury and strategic management in the mining industry
Accomplished Management
6

7. Yellowknife ‐ One of Six High Grade Gold Camps in Canada
More Than
300M* Oz Gold
have been mined
from Archean
Gold deposits in
Canada, with the
vast majority
from High Grade
Gold Camps
Yellowknife is
the most
northerly and
least explored of
these camps
* Gold Ounces in Camps include known historical production, reserves and drill indicated resources from public
records. Totals should be considered approximate with an error range sufficient for comparison purposes. Other
large Archean gold areas include Detour/Sunday Lake; Rice Lake; Chibougamau; Meliadine; and Meadowbank
7

8. Regional Geology: Comparable to Timmins
8

9. Geology of the YCG property
Ideally Located for Discovery
• YCG is 1182 km and 23 km strike
length covering the extension of the
Geology Containing the Con and
Giant Mines – Past Production
Includes:
o Con Mine
1938 to 2003
6.1 million oz @ 16.1g/t Au1
o Giant Mine
1945 to 2004
8.1 million oz @ 16.0g/t Au1
• YCG properties cover the most
prospective geology of this belt
• Unique Situation for a Junior Mining
Company to Control a Major Gold
Camp in Canada
0 4.0 8.09

10. • Year Round Access from Yellowknife
• 8 km by road to Yellowknife Airport -
site of TerraX core facility
• Blue Fish Hydro Dam on Property –
expandable for Mine Development
• Skilled available workforce
• Local service providers
Unmatched Accessibility
Excellent Infrastructure
• Population - 20,000
• Founded on 2 Gold Mines
• Transportation hub for NWT
• Highway Access to the Rest of
Canada
• Daily jet service to major cities
City of Yellowknife:
10
TerraX Core Facility
0 52.5
kilometers

11. Benefits of Historical Exploration
$M Saved, Accelerated Project Timeline
Previous core storage Giant Mine Core Yard
~200 YCG Drill Holes Recovered
• TerraX has compiled +450 historical drill
logs (1938‐96) recovered from Giant
Mine by the NWT Geoscience Office
• Core from ~200 drill holes recovered by
TerraX from Giant Mine core yard,
sampling by TerraX included 5.0m @
62.90g/t Au3 and 20.86m @ 3.79g/t Au6
• >250 drill collar locations have been
identified and surveyed by TerraX – we
have accurately located the ‘best’ holes
• TerraX has identified and sampled
dozens of gold mineralized trenches
• Project moved years ahead of schedule,
and savings of $M
10

12. THE ‘CORE GOLD AREA’
Concentrating our exploration efforts
• Based on Surface work and drilling
TerraX has defined a 5 x 3 km ‘Core
Gold Area’ of mineralization
• The Core Gold Area contains the
Barney Shear (the extension of Con &
Giant); the Crestaurum Deposit; Shear
20; as well as several other high grade
shears and veins
• Taken collectively we believe the
shears and veins could be indicative of
gold‐bearing vein sets common to
large mineralized systems
• The winter 2016 exploration drilling
was carried out in this area as well as
other advanced targets including
Mispickel and Sam Otto.
0 2.5 5
kilometers
Hebert-Brent
11
SAM OTTO
MISPICKEL

13. 13
2015
2015 Drill
Results Core
Gold Area
Hebert‐Brent Zone
Crestaurum HW
2
6
14

14. 14
Designed to Follow-up on 2014
Results
Winter 2015 Drilling
Up Dip of Main Zone
Barney Shear – 2015 DDH Success
Extending Dip of Zone
Incl. 5.16m @ 18.40 g/t Au
Incl. 4.00m @ 12.34 g/t Au
2
6
2
6
7
15

15. 15
Barney Shear – 2015 DDH Success
Extending Strike of Zone
2
20.86m @ 3.79 g/t Au
Incl. 4.00m @ 12.34 g/t Au15

16. 16
Crestaurum Zone – 2014/15 Drill Programs
South Ore
Shoot
Central
Ore Shoot
North Ore
Shoot
North Ext
Ore Shoot
• 2014 Program to twin 1945‐47 drilling and in‐fill drilling on
known high grade shoots
• Twin Drill Holes incl. TNB14‐011 10.02m @ 4.17 g/t Au8
• In‐fill Drill Holes incl. TNB14‐019 2.85m @ 33.60 g/t Au8
• 2015 Drill Programs
• SOUTH SHOOT
o TCR15‐003 7.00m @ 10.23 g/t Au3
o TCR15‐068 4.21m @ 12.4911
o TCR15‐052 10.80m @ 3.49 g/t Au11
100m 200m 400m0m
BLOCK MODEL
GRADES
LEGEND
Areas of 2014
Drill Holes
Areas of 2015
Drill Holes
• 2015 Drill Programs
• TCR15‐025 8.86m @ 2.86
g/t Au8, incl. 2.00m @
10.24 g/t Au8 ‐ 400m
strike extension

17. YCGP SUMMER 2015 SURFACE WORK
DEVELOPING NEW TARGET AREAS FOR 2015‐2016 DRILL PROGRAMS
17
2015 Samples
Concentration on
the Core Gold
Area
0 42
kilometers
0 42
kilometers
HEBERT-
BRENT
ZONE
MISPICKEL,
SAM OTTO
ZONES

18. 2015 Replacement Style Deposit Discovery – 2015
Hebert‐Brent Zone
18
2
17
17
5
17
17
17
17
17
16

19. 19

20. Hebert‐Brent Style Targets ‐ Sericite Zone Alteration
5 TIMES LARGER
ON SURFACE
THAN
HEBERT-BRENT
ZONE
20

21. 2016
WINTER DRILLING
21
UPGRADE
CURRENT
ICE ROAD
EXTENDED
ICE ROAD &
TRAILS
• Barney - 22.42m @ 6.35 g/t Au2
,
Including 5.16m @ 18.40 g/t Au
• Hebert-Brent – 10.36m @ 3.61 g/t Au13
DDH and 11.0m @ 7.55 g/t Au5
Channel
• Pinto – assays up to 108 g/t Au18
in grab
samples
• Mispickel - 6.0m @ 7.29 g/t Au19
in chip
sampling on surface; 7.30m @ 23.60 g/t
Au23
and 8.60m @ 12.87 g/t Au23
in 2016
drilling
• Sam Otto - 5.35m @ 5.61 g/t Au19
&
15.85m @ 2.59 g/t19
in historical drilling
(1995)
• AES – 5km shear extending from Giant
property where mining occurred
• Homer Lake – Follow up 2014 exploration
- 3.42m @ 3.41 g/t Au, 69.3 g/t Ag, 3.57%
Pb, 3.17% Zn20
in DDH in 2014
• Crestaurum area high grade off-angle
veins with assays up to 54921
, 71222
and
878g/t Au22
in grabs
MISPICKEL
SAM OTTO
HEBERT-BRENT
BARNEY
PINTO
HOMER
AES
VSB

22. MISPICKEL DRILLING
February 2016 – X-Section 1
22
Looking South
6.0 m @ 7.29 g/t Au
19
6.0 m @ 7.29 g/t Au
19
8.6 m @ 12.87 g/t Au
23
7.3 m @ 23.60 g/t Au
23
11.32 m @ 2.14 g/t Au
23
19
First Phase Drilling (February 2016)
Second Phase Drilling (March 2016)

23. MISPICKEL DRILLING
March 2016 – X-Section 2
23
24
24
24
24
24
4.0 m @ 3.55 g/t Au
19
19
First Phase Drilling (February 2016)
Second Phase Drilling (March 2016)

24. MISPICKEL 2016
MAGNETIC SURVEY
24
• Winter 2016 Ground Magnetic Survey
defined high magnetic trend associated with
the Mispickel gold zone for 5 kilometers
• Survey was completed in time to assist in
location of 2nd phase of Mispickel drilling
• Spring 2016 will see survey completed on
land sections, with coverage of the Sam
Otto gold zone
MISPICKEL
SAM OTTO
0 1 2
kilometers

25. SUMMER 2015
ROAD TO CRESTAURUM
WINTER DRILL SITE
FEBRUARY 2016
MISPICKEL
25
1 (604) 689‐1749 (Vancouver)
1 (613) 843‐8109 (Ottawa)
E‐Mail: info@terraxminerals.com
www.terraxminerals.com
TXR TSX‐V TRXXFOTC
REPAIRS ON CRESTAURUM ROAD
JUNE 2015

26. 26
Appendix I ‐ References for Assay Values
Within this Presentation
1. Slides 4, 9 - Con Production from Extech III Field Guide, 2002, The Yellowknife Mining Camp Over 60 Years of Mining,
editor Hendrick Falck, Section - Miramar Con Mine, pg 80, table 1;
and
Slides 4, 9 - Giant Production from James P. Siddorn, PhD thesis, The Giant-Con Gold Deposit: A Once Linked Archean
Lode-Gold System, Chapter 2 – Siddorn, J. P., Cruden, A. R.; Early Gold Mineralization Versus Late Overprinting in a
Structurally Complex Gold Deposit: The Giant Gold Deposit, Yellowknife Canada, pg 13
2. Slides 4, 13, 14, 15, 18, 21 News Release August 25, 2014
3. Slides 4, 11, 16 News Release October 2, 1013
4. Slides 4 News Release October 16, 2013
5. Slides 4, 18, 21 News Release August 11, 2015
6. Slides 11, 13, News Release August 14, 2014
7. Slides 13, 15 News Release May 13, 2015
8. Slides 13, 16 News Release April 1, 2015
9. Slide 13 News Release March 11, 2015
10. Slide 13 News Release Feb 24, 2015
11. Slides 13, 16 News Release December 8, 2015
12. Slide 13 News Release December 4, 2015
13. Slides 13, 21 News Release November 18, 2015
14. Slide 13 News Release September 15, 2014
15. Slide 14, 15 News Release November 14, 2013
16. Slides 18 News Release September 8, 2015
17. Slides 18, 19 News Release October 28, 2015
18. Slide 21 News Release January 5, 2016
19. Slide 21, 22, 23 News Release October 30, 2013
20. Slide 21 News Release May 12, 2014
21. Slide 21 News Release July 24, 2014
22. Slide 21 News Release, September 8, 2014
23. Slide 4, 21, 22 News Release February 23, 2016
24. Slide 23 News Release March 4, 2016