#* Reef 1 North extended by 1.2km (now 4.2km strike)
Explore tagged Tumblr posts
colitco · 2 months ago
Text
Terra Metals Delivers Strong March 2025 Quarterly Report with High-Grade Multi-Commodity Breakthroughs
Tumblr media
Terra Metals (ASX:TM1) has capped off a dynamic March quarter at its flagship Dante Project in WA’s Jameson Intrusion, advancing toward polymetallic development with standout metallurgical results, key resource expansion, and strategic growth.
Quarterly Highlights:
⚙️ Metallurgical Breakthroughs
Cu-Au-PGM sulphide concentrate: 28% Cu, 17g/t Au, 21.4g/t PGMs
Recoveries: 95.8% Cu, 75.8% Au, 74.4% PGMs
Titanium-ilmenite concentrate: 40% TiO₂ (magnetic separation)
Vanadium-magnetite concentrate: 1.81% V₂O₅, 90.9% recovery
⛏️ Drilling Success
Reef 1 North extended by 1.2km (now 4.2km strike)
Infill drilling confirms surface continuity of high-grade Ti-Cu-Au-PGM-V mineralisation
Best hits:
25m @ 11% TiO₂, incl. 5m @ 19.5% TiO₂, 0.7g/t PGMs, 0.79% V₂O₅
15m @ 12.9% TiO₂ incl. 4m @ 21.4% TiO₂, 1.15g/t Au+PGMs
6m @ 19.2% TiO₂, 0.92% V₂O₅
5m @ 20.3% TiO₂, 0.96g/t PGMs
Strategic Momentum: 🗺️ Maiden Resource Estimate for Dante Reefs initiated ⚗️ Phase 2 metallurgy optimisation underway 📈 Secured 12-month exclusive option to acquire 618km² of adjacent tenure 🌍 Expanding footprint in Bushveld-style layered intrusion setting
Cash & Outlook: 💰 $1.22M cash as at 31 Mar 2025 ✅ Focused on value-driven exploration with controlled spending 📊 Funding strategies under review
Investor's Outlook: With a last traded price of $0.029, Terra Metals (ASX:TM1) presents a compelling case for investors seeking exposure to high-grade polymetallic exploration. Its simplified metallurgy, strategic land expansion, and strong drill results underpin growing potential in an emerging Tier-1 geological setting.
Why Terra Metals Is One to Watch: From high-value concentrates to scalable resource potential and strategic land acquisition – Terra is advancing rapidly toward establishing a major multi-commodity hub in WA’s underexplored north.
Polymetallic grades. Simple metallurgy. Tier-1 setting. Terra is building momentum.
🔗 Full report here: https://colitco.com/terra-metals-march-quarter-dante-project-update/
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
0 notes
colitco · 4 months ago
Text
🚀 Terra Metals Extends High-Grade Strike at Reef 1 North! 🚀
Tumblr media
Terra Metals (ASX: TM1) has extended the discovery strike at Reef 1 North by 1.2km, bringing the total to ~4.2km. The latest drill results confirm high-grade titanium, copper, PGMs, and vanadium over the full strike, reinforcing the project's large-scale potential.
🔹 Discovery strike now ~4.2km, with mineralisation remaining open 🔹 High-grade polymetallic potential confirmed across the full strike 🔹 24 additional drillhole assays pending, targeting further high-grade zones 🔹 Selected high-grade intercepts include: ✅ URC062: 9.0m @ 17.6% TiO₂, 1.07g/t PGE₃, 0.36% Cu, 0.91% V₂O₅ (from 165m) ✅ URC056: 9.0m @ 15.5% TiO₂, 0.90g/t PGE₃, 0.31% Cu, 0.82% V₂O₅ (from 111m)
💬 “These outstanding results further reinforce the scale and high-grade potential of Reef 1 North. With mineralisation remaining open and more assays pending, we are confident in the project's continued growth.” – Thomas Line, MD & CEO
📈 Investor Outlook
Terra Metals (ASX: TM1) is currently trading at 0.032 AUD, up +0.0040 (14.29%) today, reflecting strong investor confidence following these high-grade results. With assays pending and mineralisation open, the company is well-positioned for continued growth at the Dante Project.
📢 Read More: https://colitco.com/terra-metals-confirms-high-grade-polymetallic-potential-at-dante/
📌 This is not investment advice. Please do your own research before making any investment decisions.
0 notes