OUTSTANDING DIAMOND RESULTS CONFIRM 448M THICK INTERVAL
Open PDF
| Stock | Terra Metals Ltd (TM1.ASX) |
|---|---|
| Release Time | 21 Jul 2026, 8:30 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
Terra Metals Announces 448m Thick Mineralised Interval at Southwest Discovery
Key Points
- First diamond tail assays confirm 448m of continuous PGE-Cu-Ni mineralisation
- Southwest lies outside existing 148Mt Dante Mineral Resource
- Potential for a shallow starter pit transitioning into a large mineralised system at depth
Full Summary
Terra Metals Ltd has reported outstanding diamond tail assay results from the Southwest Discovery at the Dante Project, confirming a 448m thick continuous mineralised interval. The Southwest package, located outside the existing 148Mt Dante Mineral Resource, is emerging as a significant growth opportunity. The first diamond tail, SWRD051, returned 448m @ 0.87g/t PGE3 and 0.15% Ni from 102m, including high-grade sections. Ongoing drilling and geophysical surveys continue to refine the system's geometry and controls, with a maiden Mineral Resource estimate targeted for late 2026.
Outlook
Terra Metals is aggressively advancing the Southwest Discovery towards a maiden Mineral Resource estimate targeted for late 2026.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In