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ASX:TM1

7 stories mentioning ASX:TM1Updated 23d ago

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Asia

Terra Metals Says Western Australia Discovery Drilling Confirms Large, Continuous Platinum Group Metal, Copper, Nickel Sulfide System

Terra Metals (ASX:TM1) said drilling at the Southwest discovery, at the Dante project in Western Australia, continued to define a large, continuous platinum group metal, nickel, and copper sulfide system, according to a Tuesday Australian bourse filing.The discovery lies entirely outside the existing Dante mineral resource. It encountered the broadest mineralized interval reported on the project to date at 448 meters at 0.87 grams per tonne grade of platinum, palladium, and gold, as well as 0.15% nickel from 102 meters.Five drill rigs and exploration programs continue to extend the discovery and generate new targets.

ASX:TM1
Asia

Terra Metals Continues to Define Mineralized System at Western Australia Project

Terra Metals (ASX:TM1) continued to define a large and continuous platinum-group-metal, nickel, and copper sulfide system within a newly recognized ultramafic package at the Dante project in Western Australia, according to a Monday filing with the Australian bourse.Drilling established the Southwest Main Sulfide Corridor, extending over 950 meters along strike, roughly 700 meters wide, and at least 750 meters down-dip, the filing said.All drill holes encountered extensive and consistent mineralization within a west-dipping ultramafic unit.Ongoing drilling and surveys continue to refine the geometry and controls on the Southwest mineralized system, with mineralization remaining open along strike and at depth, per the filing.Shares fell 2% in midday trade on Monday.

ASX:TM1
Asia

Terra Metals Says Drilling at Western Australia Project Confirms Continuous Platinum-Group-Metal, Nickel, Copper Sulfide System

Terra Metals (ASX:TM1) said drilling results from the Southwest discovery at the Dante project in Western Australia, confirming a continuous platinum-group-metal, nickel, and copper sulfide system hosted within an ultramafic package between the SW5 and SW6 discovery zones, according to a Wednesday Australian bourse filing.The intercepts include 194 meters at 0.71 grams per tonne (g/t) grade of platinum, palladium, and gold (PGE3) and 0.1% grade of nickel from 58 meters to end-of-hole, 105 meters at 0.87 g/t grade of PGE3 from 183 meters to end-of-hole, as well as 76 meters at 0.87 g/t grade of PGE3 and 0.2% grade of nickel from 170 meters to end-of-hole.The discovery remains at an early stage, with drilling to date identifying multiple large mineralized sulfide units that remain open in all directions, the company said. Multiple rigs continue extensional and infill drilling.Terra Metals' shares fell nearly 4% in recent trading on Wednesday.

ASX:TM1
Asia

Terra Metals Appoints Chair; Shares Fall 4%

Terra Metals (ASX:TM1) appointed Debra Bakker as non-executive chairman, effective June 29, according to a Thursday filing with the Australian bourse.Bakker will succeed Ian Middlemas, who has stepped down as chair, the filing said.Bakker currently serves on the boards of Yancoal Australia (ASX:YAL) and Ten Sixty Four (ASX:X64), the filing added.Terra Metals's shares fell around 4% in recent Thursday trade, while Yancoal Australia's shares shed 2%.

ASX:TM1ASX:X64ASX:YAL
Asia

Terra Metals Confirms Continuity of Sulfide Mineralization at Western Australia Project

Terra Metals (ASX:TM1) confirmed the continuity of high-grade platinum group metal-copper-nickel-cobalt sulfide mineralization in the Southwest Sulfide Corridor at the Dante Project in Western Australia, according to a Thursday filing with the Australian bourse.Assay results from the first two reported drill holes from the southern end of the corridor showed 20 meters at 2.1 grams per tonne (g/t) platinum, palladium and gold, 0.2% copper, 0.1% nickel from 85 meters, and 22 meters at 1.2 g/t platinum, palladium and gold, and 0.1% copper from 66 meters, the filing said.The company plans to define a maiden Southwest mineral resource estimate in the second half of the year, per the filing.Shares fell nearly 2% in midday Thursday trade.

ASX:TM1
Asia

Terra Metals Confirms High-Grade Mineralization at Western Australia Prospect; Shares Down 10%

Terra Metals (ASX:TM1) confirmed multiple, high-grade intervals of massive and semi-massive platinum group metals-copper-nickel-cobalt sulfide mineralization in the first three drill holes at the Southwest prospect, within the Dante project in Western Australia, according to a Wednesday filing with the Australian bourse.First assays include 100 meters at 1.06 grams per tonne grade of PGE3, or platinum, palladium, and gold, nearly 40 meters at 0.70 g/t PGE3, and 11 meters at 1.32 g/t PGE3, the filing said.Drilling is ongoing at the prospect, with further assays pending, per the filing.Shares fell 10% in morning trade on Wednesday.

ASX:TM1
Asia

Terra Metals Included in MSCI Australia Micro Cap Index

Terra Metals (ASX:TM1) joined the MSCI Australia Micro Cap Index, an MSCI Global index, according to a Tuesday Australian bourse filing.The inclusion, which follows Morgan Stanley Capital International's semi-annual index review in May, is expected to boost the miner's profile among institutional investors.Shares were down 3% in recent trading.

ASX:TM1

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