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Truscott Mining Corporation Limited (ASX:TRM)

ALERT: Price-sensitive ASX Announcement for TRM
Current share price for TRM : $0.045 -0.035 (-43.75%)+
Announcement
Release
14 Apr 2026 12:18PM
Price at Release
$0.080
Full Release
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Summary
Truscott Mining Corporation Limited (TRM) has conducted a reverse circulation (RC) drilling program in the Westminster Project located in Tennant Creek, Northern Territory. The drilling program aimed to explore and confirm the relationship between orebody targets within structural corridors. Six RC holes were completed, revealing significant gold mineralization, particularly in drill holes 26WMRC134 and 26WMRC135, with gold grades exceeding 0.5 g/t. The company plans to utilize diamond core drilling for future campaigns to better understand the geological structures. The Westminster Project, in a known Iron Oxide Copper Gold (IOCG) setting, is part of TRM's strategy to become a gold producer by leveraging high-grade mineralization. TRM is also working to expand its mining lease and engage with Traditional Owners to comply with local regulations.
Key Points
  • Completion of six RC drill holes at Westminster Project.
  • Significant gold mineralization found in specific drill holes.
  • Future drilling to use diamond core techniques.
  • Westminster Project part of TRM's strategy to become a gold producer.
  • Ongoing engagement with Traditional Owners for compliance.
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.