Resource World Magazine

Resource World - April/May 2014 - Vol 12 Iss 3

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www.resourceworld.com 17 A P R I L / M A Y 2 0 1 4 High-Grade Gold Targets on the Edge of Yellowknife Extending the Yellowknife Gold Belt: • Con mine (5.5 Moz Au @ 16 g/t) • Giant mine (7.8 Moz Au @ 11 g/t) • 13 km of gold belt strike length • Leveraging 500+ historic drill holes • Mul ple high grade gold targets Excellent Infrastructure • Year-round road access • 8 km to Yellowknife Airport • Low-cost year-round drilling • 2 km from new Blue Fish • Hydro-electric Dam Fully-Funded Advanced Drill Program Underway • Minimum 6,000+ meters of drilling planned for 2014 • Extending two known areas of high grade gold mineraliza on down dip and along strike • Drill tes ng precious metal rich VMS Base Metal Target TXR:TSX.V TX0:Frankfurt TRXXF:OTCPink Yellowknife City Gold Project www.terraxminerals.com Toll Free: 1-866-460-0408 Consumers around the world bought gold in record amounts in 2013, led by de- mand in China and India, with China be- coming the world's biggest gold market, according to the latest World Gold Coun- cil Gold Demand Trends report. In West- ern markets consumer demand remained strong with the US, in particular, having a robust year in the jewellery, bar and coin sectors. In 2013 the gold market saw 21% growth in demand from consumers which contrasted with outflows of 881t from ETFs. The net result was that global gold demand in 2013 was 15% lower than in 2012, with a full year total of 3,756t. Annual global investment in bars and coins reached 1,654t, up from 1,289t in 2012, a rise of 28%, and the highest fig- ure since the World Gold Council's data series began in 1992. For the full year, Chinese and Indian investment in gold bars and coins was up 38% and 16%, re- spectively. The US, bar and coin demand was up 26% to 68t, and in Turkey it was up 113% to 102t, demonstrating solid support on a global basis. Meanwhile demand for jewellery, the other component of consumer demand, increased by 29% from 519t to 669t in China, and by 11% from 552t to 613t in India, reaching 2,209t globally, the high- est figure seen since the onset of the fi- nancial crisis in 2008. Marcus Grubb, Managing Director, Investment Strategy at the World Gold Council, said, "2013 has been a strong year for gold demand across sectors and geographies, with the exception of west- ern ETF markets. Specifically, it was the year of the consumer. Although demand has continued its shift from West to East, the growing demand for gold bars, coins and jewellery is a global phenomenon." n Record gold sales – World Gold Council

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