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Terrain Minerals Limited (ASX:TMX)

ALERT: Price-sensitive ASX Announcement for TMX
Current share price for TMX : $0.003 -0.001 (-14.29%)+
Announcement
Release
26 May 2026 8:19AM
Price at Release
$0.004
Full Release
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Summary
Terrain Minerals Limited has announced the expansion of its Induced Polarisation (IP) survey program at the Smokebush Gold & Silver Project, located 350km north of Perth. This extension includes four additional survey lines over the Paradise City, T17, and Hurley targets, which have historic gold results. The IP survey aims to enhance subsurface resolution and build upon previous successful exploration at the Lightning and Wildflower prospects. The program is part of a larger strategy to explore potential Lightning-style gold-bearing structures within the broader Smokebush gold system. The company anticipates significant news flow with pending results from Wildflower assays and the upcoming Mineral Resource Estimate for the Lightning prospect, expected in July 2026.
Key Points
  • Terrain Minerals is expanding its IP survey at Smokebush Gold & Silver Project.
  • Four additional survey lines added over Paradise City, T17, and Hurley targets.
  • Historic gold results at these targets warranted further exploration.
  • Part of a strategy to find repeat Lightning-style gold-bearing structures.
  • Pending results from Wildflower assays and July 2026 Mineral Resource Estimate for Lightning.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.