TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
GCX Metals Limited ( (AU:TM1) ) has provided an update.
Terra Metals Limited has commenced Phase 3 of its drilling program at the Dante Project in Western Australia, aiming to expand its Mineral Resource Estimate (MRE) and explore new high-priority targets. This phase follows a maiden MRE of 148 million tonnes, highlighting the project’s potential as a globally significant polymetallic system. The drilling program is supported by a recent $15 million placement, enabling Terra Metals to accelerate exploration and potentially drive significant growth and new discoveries.
More about GCX Metals Limited
Terra Metals Limited is a company operating in the mining industry, focusing on the exploration and development of polymetallic systems. Their primary products include titanium, vanadium, copper, gold, and platinum group metals. The company is strategically positioned in the emerging West Musgrave mining hub of Western Australia.
Average Trading Volume: 1,683,327
Technical Sentiment Signal: Hold
Current Market Cap: A$54.41M
For an in-depth examination of TM1 stock, go to TipRanks’ Overview page.