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Terrain Minerals Ltd ( (AU:TMX) ) just unveiled an announcement.
Terrain Minerals has launched one of its largest induced polarisation surveys at its wholly owned Smokebush gold and silver project in Western Australia, targeting Lightning-style gold-bearing structures on the western part of Mining Lease M59/796. The program focuses on largely untested ground between the company’s Lightning prospect and the historic Black Dog gold mine, including the Hurley target where earlier shallow drilling found anomalous gold.
The company is leveraging a geophysics-led exploration strategy after prior IP work at Smokebush successfully outlined chargeability anomalies that led to the Lightning discovery and new Wildflower targets. With more than 16,000 metres drilled at Lightning and a maiden Mineral Resource Estimate scheduled for July 2026, the new survey is intended to build a pipeline of follow-up drilling targets and test the model that Lightning is one of several parallel gold-bearing structures in the broader Mt Mulgine system.
More about Terrain Minerals Ltd
Terrain Minerals Ltd is an Australian mineral exploration company focused on gold and silver projects in Western Australia. Its flagship Smokebush project, located about 350km north of Perth, targets structurally controlled gold systems within the Mt Mulgine intrusive corridor on 100% owned tenure.
Current Market Cap: A$13.34M
See more insights into TMX stock on TipRanks’ Stock Analysis page.

