Terra Metals Confirms Largest Continuous High-Grade Reef at Western Australia Project, Shares Down 3%
MT Newswires Live
3 hours ago
Terra Metals (ASX:TM1) said diamond drilling has confirmed the largest continuous high-grade reef at the Southwest platinum group metal-copper-nickel discovery of its Dante project in Western Australia to date, according to a Thursday Australian bourse filing.
The company said the strike has been extended to about 1.4 kilometers and remains open in all directions, with extensional drilling continuing and heritage approvals received for the entire immediate Southwest footprint, advancing grid-spaced resource-definition drilling.
Metallurgical test work is advancing, while the Southwest mineral resource estimate is progressing.
The company's shares fell 3% in recent Thursday trade.
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