Terrain Minerals Begins Follow-Up Rare Earth Drilling at Lort River Project

Terrain Minerals Ltd ( (AU:TMX) ) has provided an announcement.

Terrain Minerals has commenced a follow-up 1,500-metre air-core drilling campaign at its 100%-owned Lort River Project in Western Australia, targeting a shallow regolith clay basin interpreted from airborne electromagnetic data. The program aims to step out from a previously reported high-grade rare earth intersection and test multiple priority zones within a 66-square-kilometre basin for scale and grade consistency.

The company reports that the basin correlates with known REE-bearing regolith horizons and has delivered strong magnet rare earth element values in earlier drilling, supporting its strategy to advance Lort River as a clay-hosted rare earth discovery. Management notes this work is being undertaken in a limited seasonal window while Smokebush remains the primary focus, positioning Lort River as a potential emerging critical minerals opportunity in the Esperance region and refining future drill targeting through the correlation of geophysical and geochemical data.

More about Terrain Minerals Ltd

Terrain Minerals Ltd is an Australian exploration company focused on gold, silver and critical minerals, including rare earth elements, with projects in Western Australia. Its portfolio includes the Smokebush gold–silver project and the 100%-owned Lort River Project in the Albany Fraser belt near Esperance, where it is pursuing clay-hosted rare earth discoveries.

Current Market Cap: A$16.68M

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