Terrain Minerals Advances Multi-Metal Exploration in Western Australia
Terrain Minerals is nearing its first JORC-compliant gold resource at the Lightning prospect, bolstered by extensive drilling and strategic acquisitions. The focus on gold and critical metals like gallium positions the company favorably amid growing demands for diversified supply chains.
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Terrain Minerals is on the verge of its inaugural JORC gold resource at the Lightning prospect, having drilled 7,739 meters across various targets. The company has shifted its focus to high-impact metals, including gallium and rare earths, while maintaining its gold exploration efforts, particularly at the Smokebush project in Western Australia.
Terrain's recent drilling at the Larin's Lane prospect indicates a potential exploration target of 25M to 33M tonnes for rare earths and gallium. Additionally, the Lort River project shows promise for clay-hosted rare earths with significant grades reported. Terrain's diversified portfolio across multiple projects positions it well in the competitive junior mining sector, with upcoming assay results expected to generate market interest.
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