Terrain Minerals Limited (ASX: TMX) Announces 2025 Exploration Strategy
Exploration Focus
Terrain Minerals Limited (ASX: TMX) has unveiled an ambitious exploration strategy for 2025, emphasizing gold, nickel, copper, and gallium. The approach will focus on drill-ready targets while advancing new priority projects expected to be granted during the first quarter of 2025.
Drill Programs
Two Reverse Circulation (RC) drill programs are set to begin. The first, at the Wildflower Gold Project, completed stage one in December 2024 with results pending. Stage two, involving approximately 1,368m of drilling, is scheduled to commence early in 2025, targeting new geological interpretations. At the Larins Lane Gallium Project, a twin RC hole will be drilled, with significant gallium intersections expected. The Lort River Nickel and Copper Exploration Project will also initiate drilling for high-priority targets this quarter.
New Projects Under Development
Terrain Minerals further detailed pending projects, including the Biloela Copper and Gold project and the Carlindie Lithium project. The Biloela project spans 2,462km² along the Cracow Gold Mine strike, while the Carlindie project covers 1,135km² in the East Pilbara. All necessary tenements are progressing through the approval stages.
Executive Comments
Executive Director Justin Virgin expressed enthusiasm regarding the exploration initiatives, stating, “I am thrilled with the momentum building across Terrain’s portfolio as we embark on an ambitious 2025 exploration program. Our focus on key commodities positions us well to capitalise on the growing global demand.”
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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