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Terrain Minerals Limited (ASX:TMX)

ALERT: Price-sensitive ASX Announcement for TMX
Current share price for TMX : $0.004 0 (0%)+
Announcement
Release
9 Jun 2026 8:27AM
Price at Release
$0.004
Full Release
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Summary
Terrain Minerals Limited has reported promising results from its reverse circulation drilling program at the Wildflower Prospect, part of the Smokebush Project in Western Australia. The drilling confirmed the presence of a gold-silver system that remains open at depth and along strike. High-grade gold mineralization was intersected across three geophysical targets using induced polarisation (IP) surveys, demonstrating the effectiveness of this exploration method. The results support the potential for district-scale gold deposits associated with the Mt Mulgine intrusion, reinforcing Terrain's exploration strategy. Follow-up assessments are being planned to further explore these findings as the Lightning Prospect progresses towards a Mineral Resource Estimate in July 2026.
Key Points
  • Terrain Minerals Limited confirmed an open gold-silver system at the Wildflower Prospect.
  • High-grade gold was intersected across three large geophysical targets using IP surveys.
  • Results support the potential for multiple gold deposits in the Smokebush Project.
  • The drilling program included 13 holes, yielding significant gold intersections in 8.
  • The system is open at depth and along strike, requiring further exploration.
  • Follow-up assessments are planned for further exploration and evaluation.
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.