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Terrain Minerals (ASX:TMX) has successfully completed a 7,739-metre drilling campaign at the Smokebush gold and silver project in Western Australia, which means the company is now waiting on assay results from the 39 RC and four diamond drill holes undertaken at the Lighting and Wildflower targets.
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The extensive program was designed to extend known gold zones and test new discovery targets. Terrain’s executive director, Justin Virgin, said the Wildflower targets drilled are the first of multiple untested prospects generated through application of the Lightning geological model.
“The Lightning results are central to our strategy of delivering a maiden JORC mineral resource by mid-2026, while the diamond core will provide the critical density and geological data required to underpin that estimate,” he said.
“At the same time, Wildflower represents the first systematic test of new targets generated from our successful Lightning model, highlighting the broader growth potential emerging across Smokebush.”
Mr Virgin said that after being successfully developed at Lightning, the company’s model now continues to define high-quality exploration targets within the same geological setting.
The Lightning program focused primarily on extending known gold zones while also testing new discovery targets and a potential repeat Lightning-style position in a previously un-drilled area. Drilling at Wildflower was a further step in the company’s exploration activities at Smokebush.
Lightning RC assays are expected later this month, with diamond drilling results anticipated in late April 2026, while Wildflower RC results are also expected in late April.
Terrain was recently granted a lease covering the Lightning tenement, providing increased tenure security as the company advances toward resource definition.
TMX is down -9.09%, to 0.5cps.
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