• Southwest Main Sulfide Corridor expanded to 950m of strike and 750m down-dip.
• Southwest lies outside existing 148Mt Dante Mineral Resource.
• Drill hole SWRC064 intersected 157m of mineralization from 5m downhole.

Terra Metals Ltd. reports continued success at the Southwest Discovery within the Dante Project, expanding the Southwest Main Sulfide Corridor to over 950 meters of strike, approximately 700 meters in width, and at least 750 meters down-dip. The discovery is located outside the existing 148 million tonnes Dante Mineral Resource, indicating a new growth opportunity. Drilling results, including SWRC064 which intersected 157 meters of mineralization from just 5 meters downhole, confirm the presence of a large, continuous sulfide system. The mineralized package ranges from 150 meters to over 500 meters thick and continues to thicken down-dip. These results suggest the potential for a low strip starter pit at Southwest, with ongoing drilling and geophysical surveys aimed at defining the full extent of the system.

The company plans to continue drilling to further define the scale and potential of the Southwest discovery, with the aim of reporting a maiden mineral resource estimate by late 2026.