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The latest update is out from Terrain Minerals Ltd ( (AU:TMX) ).
Terrain Minerals Limited has commenced a significant drilling program at its 100%-owned Lightning Gold Prospect in Western Australia, aiming to establish a maiden Mineral Resource by mid-2026. The program includes 34 holes totaling 6,800 meters, targeting resource development and new discoveries. The Lightning Prospect has already shown promising results with high-grade gold and silver intercepts, positioning it as an emerging discovery in a proven mining district. Additionally, the company has identified high-priority gold targets at its Wildflower Gold Prospect, following a successful geophysical survey, with drilling scheduled to start in January 2026. This initiative represents a significant opportunity to expand Terrain’s gold footprint in the Murchison Gold Province.
More about Terrain Minerals Ltd
Terrain Minerals Limited is a company operating in the mining industry, focusing on the exploration and development of gold and silver resources. The company is engaged in projects located in Western Australia’s Murchison Gold Province, with a market focus on expanding its gold footprint through strategic drilling programs.
Current Market Cap: A$11.86M
See more data about TMX stock on TipRanks’ Stock Analysis page.