Terramin Australia Limited (AU:TZN) has released an update.
Terramin Australia Limited has initiated a new exploration drilling program at the South Gawler Ranges Project in partnership with the Japan Organization for Metals and Energy Security, funded through a $10.5 million exploration agreement. The program aims to uncover Iron Oxide Copper Gold mineralization and other commodities, with three diamond drillholes planned for completion by late November 2024. The project, showing potential for significant deposits, is a result of Terramin’s collaboration with JOGMEC, which now has a 30% interest option in the project.
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