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The Market Online - At The Bell

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  • Terrain Minerals (TMX) identifies two potential new drill targets through induced polarisation (IP) survey work at its Smokebush project in Western Australia
  • Two-thirds of the IP program is now complete, and Terrain plans to conduct further exploration work over the two newly-found gold anomalies
  • The company will continue IP work across is Monza area next week
  • Meanwhile, Terrain has identified more than 20 pegmatites that have been sampled for lithium and is expecting results within the next three weeks
  • Terrain Minerals shares were last trading at 0.5 cents on Friday morning

Terrain Minerals Limited (TMX) has identified two potential new drill targets through induced polarisation (IP) survey work at its Smokebush project in Western Australia.

Two-thirds of the IP program is now complete, and Terrain said it now planned to conduct further exploration work over the two newly-found gold anomalies.

Meanwhile, the IP work will continue across the Monza area within the Smokebush project next week. Previous drilling performed at the Monza target is thought to have established a possible positive relationship between the increased occurrence of sulphide mineralisation and higher recorded gold grades.

Terrain has identified more than 20 pegmatites at Smokebush that have been sampled for lithium, and the company is expecting results within the next three weeks.

Terrain Minerals shares were last trading at 0.5 cents on Friday morning.

TMX by the numbers
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