Projects Overview
Terrain
Minerals Ltd (“TMX”) is a West Australian based minerals exploration company focused on the world
class mineral provinces in Western Australia and Queensland Australia. Terrain
is currently advancing these 100% owned high priority projects:
Covering 550km² of highly prospective
exploration acreage located 50km North-west of the town of Esperance WA. The
tenure is located in the Southern part of the Albany Fraser belt, along the
interpreted strike of WA IGO’s Nova nickel-copper mine.
Terrains
recent airborne Vtem survey has been interpreted by Leading Consultants
Southern Geophysics have identified the Lort River “EYE” feature as a mafic
intrusive geological feature, only the Third found in the Albany Fraser belt to
date.
The
Vtem survey has identified Four High-Priority Bedrock Sulphide Conductors which
may indicate the potential for highly valuable sulphide minerals. Two of the
Conductors excitingly siting inside of Terrain’s “EYE”, feature. Exploration is
currently being fast-tracked.
Next:
ground EM survey, soils with the goal of drill testing all Four conductors Q1
2025.
Larin’s
Lane Gallium (REE) mineralisation extending over 9km by 2km and open. Terrain has drilled a total
of 102 holes that’s have excitingly retuned multiple high-grade zones up 53.74
g/t (ppm) Ga2O3 (2), with 70% of holes returned impressive intersection of
Gallium up to 64 meters wide. Terrains Consultants are currently compiling a
Gallium - JORC compliant exploration target has been released.
Monza,
Lightning, Wildflower T16 and Cotta (T16W) Gold - exploration is
ongoing with drilling scheduled for Q4 2024 at Wildflower, Monza & Lighting
prospects, which aims follow up recent drilling results and to test historic
mineralisation.
Pending
Applications
Terrain
has several pending tenement (packages) applications across Australia. These
applications include:
Biloela: Copper & Gold Project is located along strike of the Cracow Gold Mine in
Queensland (See ASX release dated 21 June 2023 for more information on the
rationale, geological setting and walk-up drill targets already identified
within this key project area).
Carlindie:
Lithium Project is strategically located between Wildcat Resources (ASX: WC8) and Kali Metals
(ASX: KM1) tenements in the East Pilbara of Western Australia. The Company has
prioritised the granting of its Carlindie tenement package and is continuing to
work successfully towards achieving its goal.
Project
Review
Terrain continues to investigate potential
projects across various commodities including gold, copper, nickel, and
industrial minerals. Whilst Western Australian based projects are the Company’s
current focus, other parts of Australia are being seriously examined and
considered as are other jurisdictions including, but not limited to, Africa,
Europe, and the Americas across all commodities.