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Terrain Minerals Raises $1.3 Million for Exploration Expansion

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Terrain Minerals Raises $1.3 Million for Exploration Expansion

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The latest announcement is out from Terrain Minerals Ltd ( (AU:TMX) ).

Terrain Minerals Ltd has successfully completed a capital raising placement, issuing over 284 million shares to raise $1,324,750. The funds will be used to advance exploration and drilling at the Smokebush Project, targeting high-grade gold and silver deposits, which could enhance the company’s operational capabilities and industry positioning.

More about Terrain Minerals Ltd

Terrain Minerals Ltd is a company operating in the mining industry, focusing on exploration and drilling activities. Its primary market focus is on high-grade gold and silver exploration, particularly at its Smokebush Project.

Current Market Cap: A$13.41M

For an in-depth examination of TMX stock, go to TipRanks’ Overview page.

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