Terra Metals Expands Dante PGM Sulfide Discovery and Uncovers New Polymetallic System

The latest update is out from GCX Metals Limited ( (AU:TM1) ).

Terra Metals has significantly expanded the footprint of its platinum group metals, copper and nickel sulfide discovery at the Southwest prospect within the Dante Project, confirming mineralised stratigraphy over roughly 650 metres in width, 850 metres in strike and at least 348 metres in depth. New assays, including high-grade PGE7 intervals rich in rhodium, iridium, osmium and ruthenium, indicate a primary magmatic feeder-pipe system and strengthen confidence in the scale and continuity of the PGM–Cu–Ni mineralisation.

Step-out and reconnaissance drilling at SW1, SW5 and SW6 has linked and enlarged the sulfide zones, while visual sulfides in pending diamond core assays suggest further upside. In parallel, Terra has identified a large iron-oxide-apatite style polymetallic system at the nearby SW2 prospect, with long intercepts of titanium, phosphate, scandium, vanadium and zirconium, underscoring the potential for multiple critical-mineral deposit types within the broader Southwest Igneous Complex.

The most recent analyst rating on (AU:TM1) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on GCX Metals Limited stock, see the AU:TM1 Stock Forecast page.

More about GCX Metals Limited

Terra Metals Limited is an Australian mineral exploration company focused on magmatic sulfide and polymetallic systems at its 100%-owned Dante Project in Western Australia. The company is targeting platinum group metals, copper, nickel and critical minerals such as rare earth elements, cobalt, vanadium, scandium, titanium and zirconium within a large igneous complex.

Average Trading Volume: 3,329,907

Technical Sentiment Signal: Buy

Current Market Cap: A$296.8M

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