InvestSMART

Terrain Minerals Limited (ASX:TMX)

ALERT: Price-sensitive ASX Announcement for TMX
Current share price for TMX : $0.003 0 (0%)+
Announcement
Release
21 Jul 2026 12:47PM
Price at Release
$0.003
Full Release
download
Summary
Terrain Minerals Limited has released its quarterly activities and cash flow report for the period ending 30 June 2026. During this period, the company focused on several exploration activities, particularly on its 100% owned Lightning and Wildflower projects in Western Australia. The Lightning project, which has a comprehensive drilling database, showed promising results with high-grade gold and silver intercepts. In addition, the Wildflower project exhibited a gold-silver association with significant mineralization at depth, remaining open to further exploration. Financially, the company reported a net cash increase from financing activities primarily through equity securities issuance, maintaining a positive cash balance at the end of the quarter. Exploration and evaluation costs were the major cash outflows, reflecting the company's continued focus on advancing its projects.
Key Points
  • Terrain Minerals Limited's quarterly report for the period ending 30 June 2026.
  • Focus on exploration in Lightning and Wildflower projects in Western Australia.
  • High-grade gold and silver intercepts reported at Lightning project.
  • Gold-silver association confirmed at Wildflower project.
  • Net cash increase through the issuance of equity securities.
  • Major cash outflows in exploration and evaluation activities.
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.