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Terrain Minerals Limited (ASX:TMX)

ALERT: Price-sensitive ASX Announcement for TMX
Current share price for TMX : $0.003 0 (0%)+
Announcement
Release
27 Jul 2026 8:23AM
Price at Release
$0.003
Full Release
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Summary
Terrain Minerals Limited has announced a maiden Mineral Resource Estimate (MRE) at the Lightning Gold Project, part of the Smokebush Gold & Silver Project in Western Australia. The estimate reveals an inferred resource of 677,000 tonnes at 2.5g/t Au for 54,000 ounces of gold, signifying a significant resource base for future growth. The mineralisation is open along strike and depth, indicating potential for expansion. With metallurgical test results expected by Q3 2026, the company aims to upgrade the resource category through additional drilling and exploration activities. The project benefits from being located in a prolific gold corridor, with other significant gold projects nearby.
Key Points
  • Maiden MRE reports 677,000 tonnes at 2.5g/t Au for 54,000 ounces
  • Resource is open along strike and depth, suggesting potential expansion
  • Metallurgical test results anticipated by Q3 2026
  • Plans to upgrade resource category and expand through further drilling
  • Project is located in a well-established gold corridor in Western Australia
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.