• Multiple wide intercepts confirm a potentially globally significant PGM-copper-nickel sulfide system at SW6 Prospect
• Drilling has defined mineralisation over an apparent thickness of >200m, remaining open at depth
• Exceptional high-grade PGE intercepts include 61m @ 1.41g/t PGE3, 0.13% Cu, 0.19% Ni and 82.4m @ 1.14g/t PGE3, 0.11% Cu, 0.11% Ni

Terra Metals Limited (ASX: TM1) has reported that the latest assays from three new drill holes at the Southwest SW6 Prospect continue to demonstrate the scale and continuity of the Southwest PGM-copper-nickel sulfide system. Drilling at SW6 has intersected thick, continuous zones of PGM-copper-nickel sulfide mineralisation from approximately 144m depth to beyond 348m, with all holes mineralised to end-of-sampled intervals and the basal contact not yet intersected. Mineralisation currently defines an apparent thickness exceeding 200m and remains open at depth. Key intercepts include 61m @ 1.41g/t PGE3, 0.13% Cu, 0.19% Ni and 82.4m @ 1.14g/t PGE3, 0.11% Cu, 0.11% Ni. Importantly, some of the highest-grade zones are platinum-rich, contrasting with the predominantly palladium-dominant mineralisation previously reported at Southwest. A large off-hole downhole EM conductor has been identified immediately beneath a 31.1g/t PGE3 intercept, representing a high-priority follow-up target. These results build upon the previously announced exceptionally high-grade SW5 discovery, confirming that high-grade PGM mineralisation is not isolated but forms part of a broader, laterally extensive and vertically continuous magmatic sulfide system.

Phase 4 drilling is set to commence next month, with four drill rigs being mobilised for the company's largest ever drill program, with up to 30,000m of diamond and reverse circulation drilling to focus on testing the vertical and lateral extensions of the high-grade PGE discoveries at SW5 and SW6, which remain open in all directions.