TerraX controls one of the six major high-grade gold camps in Canada, the Yellowknife City Gold (YCG) project adjacent to the City of Yellowknife in the Northwest Territories. The project encompasses 382 sq km of contiguous land immediately north and south of the city, providing ready access to vital infrastructure, including transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering 40 km of strike length along the main mineralized break in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade Con and Giant gold mines, which produced over 14 million ounces of gold at an average grade of 16 g/t. TerraX is re-establishing the Yellowknife City Gold project as a world-class gold district by expanding on known discoveries and continuing to make new discoveries.