TerraX Minerals Inc. reported that it has entered into an agreement to acquire the Ptarmigan Mine property, located within its Eastbelt property, Yellowknife City Gold Project. The Ptarmigan Mine ("Ptarmigan") was a gold producer in the Yellowknife gold district from 1941-42, in 1983, and from 1985-1997. The main Ptarmigan vein was accessed by a shaft extending to 275 meters depth and mined over 400 meters of strike length. Production from Ptarmigan totaled 364,874 tonnes producing 112,213 ounces of gold (average 9.56 g/t Au recovered).