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Terrain Minerals Ltd ( (AU:TMX) ) has issued an update.
Terrain Minerals Limited reported significant progress in its exploration activities for the December 2024 quarter. The company completed a successful air-core drilling program at its Wildflower Gold Project, identifying promising gold mineralization that suggests potential for a significant discovery. Additionally, Terrain is advancing its Lort River Project with a ground-based electromagnetic survey and commenced drill testing on high-priority targets. The company also raised $450,000 through a strategic placement to accelerate exploration activities, while securing land access agreements by issuing shares to landowners.
More about Terrain Minerals Ltd
Terrain Minerals Limited is an exploration company focused on gold, nickel, copper, and gallium projects. The company is actively engaged in exploration campaigns across several projects, including the Smokebush Project in Western Australia, which targets gold and gallium, and the Lort River Project, which targets nickel and copper.
Current Market Cap: A$7.24M
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