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Terrain Minerals Ltd ( (AU:TMX) ) just unveiled an update.
Terrain Minerals Limited announced successful results from its recent drilling program at the Lightning prospect within the Smokebush Project, revealing high-grade gold intersections. The results, with an 80% success rate, enhance the potential for the project to develop into a significant gold system, and pending assays for silver and base metals could further highlight the project’s polymetallic potential. The company’s exploration strategy, utilizing geophysical modeling and structural interpretation, has been validated, providing a clear path towards defining a maiden Mineral Resource Estimate in 2026.
More about Terrain Minerals Ltd
Terrain Minerals Limited is a company in the mining industry, focusing on exploration and development of mineral resources. Its primary focus is on gold exploration, with projects like the Smokebush Project in the Murchison region of Western Australia.
Current Market Cap: A$8.05M
For a thorough assessment of TMX stock, go to TipRanks’ Stock Analysis page.