The document summarizes the Northbelt property acquired by TerraX Minerals Inc. in February 2013. It is located adjacent to the city of Yellowknife in the Northwest Territories and hosts the historic Crestaurum gold deposit. TerraX completed prospecting, mapping, and airborne geophysics in summer 2013 that identified high-grade gold and base metal occurrences. Re-logging of historic drill cores from the Crestaurum deposit returned high-grade gold intercepts. The property is accessible year-round and has excellent infrastructure including road access and proximity to Yellowknife.