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Terrain Minerals Ltd ( (AU:TMX) ) just unveiled an update.
Terrain Minerals Ltd has commenced a reverse circulation drilling campaign at its 100% owned Lort River Project in Western Australia, targeting high-priority Vtem bedrock sulphide conductors identified through a recent electromagnetic survey. This initiative is part of the company’s strategy to systematically explore and test its priority targets, with the potential to discover significant nickel and copper mineralization akin to the Nova-Bollinger deposits. The results from this drilling campaign, which are expected by early March 2025, could significantly impact Terrain’s position in the industry and offer insights into the mineral potential of the Albany-Fraser belt. The drilling program’s progress, along with the company’s strategic positioning within the same mineralized belt as established operations, underscores its commitment to advancing its exploration projects and engaging with stakeholders.
More about Terrain Minerals Ltd
Terrain Minerals Ltd is a company engaged in the exploration and development of mineral resources, focusing primarily on nickel and copper deposits. The company’s operations are situated in Western Australia, particularly within the mineral-rich Albany-Fraser belt, where it aims to identify high-value magmatic nickel-copper deposits similar to the Nova-Bollinger ore bodies.
Current Market Cap: A$5.43M
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