#DanteProject
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colitcomediasblog · 18 days ago
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Terra Metals Strengthens Its Position at the Dante Project
Strategic Expansion in a World-Class Mineral Province
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Terra Metals Limited is rapidly solidifying its footprint in one of Australia’s most promising mineral regions. Located within the Giles Complex and adjacent to BHP’s Nebo-Babel deposit — one of the largest undeveloped nickel-copper sulphide projects in the country — the Dante Project is shaping up to be a major player in the battery and critical metals space.
In a breakthrough year for the Company, two major discoveries were announced in 2024 at Reef 1 North and Reef 2. Hosted within a layered mafic-ultramafic intrusion, these mineralised systems stretch across over 20 kilometres of strike length, highlighting the vast scale and geological potential of the Dante Project.
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colitco · 23 days ago
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Terra Metals – Strategic Acquisition Expands District-Scale Dante Project
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ASX: TM1 | Share Price: $0.024
Terra Metals (ASX:TM1) has exercised its option to acquire 100% of HRM Exploration Pty Ltd, significantly expanding the Dante Project footprint in Western Australia's West Musgrave region. The acquisition nearly doubles Terra's tenement position, delivering a dominant landholding in the highly prospective Jameson Layered Intrusion, a geological setting analogous to the Bushveld Complex.
May Update – Dante Project Expansion Highlights
🌍 Tenement Expansion: +618km² added—district-scale opportunity unlocked ⚒️ All-Scrip Acquisition: Consolidates Terra’s position in a Tier-1 mineral province ⛏️ Confirmed Extensions: New ground validates ongoing mineralisation style 🔬 Metallurgical Optimisation: Testwork progressing at Dante Reefs 📉 Maiden Resource Estimate Incoming: First MRE for Reef 1 and Reef 2 in progress
Commercial Terms of Acquisition
Under a previously executed binding term sheet with HRM and its shareholder, Hardrock Minerals, Terra secured a 12-month exclusive option to acquire 100% of HRM. With the option now exercised, settlement terms include:
7.5M Terra Shares Upfront, with 3.75M under 6-month escrow and 3.75M under 12-month escrow
Up to 11.25M Deferred Shares, issued upon meeting key milestones, including: ◾ Milestone 1: 10m Cu-equiv intercepts + VWAP ≥ $0.10 over 20 trading days (by Aug 2027) ◾ Milestone 2: 20m Cu-equiv intercepts + VWAP ≥ $0.15 over 20 trading days (by Aug 2027) ◾ Milestone 3: 150kt Cu-equiv JORC Resource (by Aug 2028)
Settlement remains subject to standard closing conditions and confirmation of warranties.
Why the Dante Project Stands Out?
Multi-metal Opportunity: Cu, Ti, Au, Pt, V—all in one evolving project
Bushveld-Style Intrusion: Unique mineralised system in Australia
Low-Cost Processing Potential: Simple methods producing three high-grade concentrates
Strategic Edge
⭐ Dominant Ground Position: One of the largest landholders in West Musgrave 📈 Exploration-Ready Targets: Strong drill intercepts and metallurgical performance 🧭 District-Scale Potential: Expanding discoveries with long-term growth outlook
MD Comment – Thomas Line, CEO: "We’re excited to secure a dominant landholding in this emerging major metals province. Our discoveries at Reef 1 North and Reef 2, supported by strong metallurgy, show that the Dante Project is primed for scalable development."
Investor Snapshot With a market price of $0.024, a rapidly growing land position, and major multi-metal discoveries in progress, Terra Metals offers a compelling exposure to Australia’s next mineral powerhouse.
Investor Outlook As metallurgical testwork advances and the maiden MRE nears completion, Terra Metals is positioned for strong news flow and potential re-rating—backed by critical minerals and a scalable discovery model.
Polymetallic potential. Strategic ground. Big upside ahead.
🔗 Read the full announcement - https://colitco.com/terra-metals-expands-dante-project-with-hrm-deal/
Disclaimer: This is not investment advice. Please do your own research before investing.
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terrametalslimited · 3 months ago
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Terra Metals Confirms High-Grade Polymetallic Potential at Dante
Terra Metals Limited (ASX: TM1) has achieved another significant milestone at its Dante Project in Western Australia. The Company’s latest drilling campaign at Reef 1 North has successfully extended the mineralised strike by an additional 1.2km, bringing the total length to approximately 4.2km.
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Managing Director and CEO Mr. Thomas Line commented on the results, stating:
“These outstanding results further reinforce the scale and high-grade potential of Reef 1 North. Extending the strike by another 1.2km to a total of ~4.2km, while consistently intersecting high-grade titanium, copper, PGMs, and vanadium, underscores the significant polymetallic opportunity at Dante.”
The continued expansion of high-grade mineralisation highlights Dante’s potential as a world-class polymetallic asset. With strategic drilling programs delivering strong results, Terra Metals is well-positioned to advance exploration and unlock further value from this promising Western Australian project.
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edusessionlive · 29 days ago
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🔥 Terra Metals Ignites Momentum with Breakthrough Dante Results & Strategic Expansion 🚀🪨
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📢 Terra Metals Limited (ASX: TM1) has delivered a powerhouse March 2025 quarter, marked by exceptional metallurgical results, extended high-grade mineralisation, and a major landholding expansion near its flagship Dante Project in WA. 🏞️💎
The standout achievement was the production of three high-grade concentrates—copper-gold-PGMs, titanium, and vanadium—validating Dante’s multi-metal commercial potential through simple, low-cost processing. 🔬⚙️
🚀 Exploration ramped up with major drill hits extending Reef 1 mineralisation by 1.2km, while strong results at Reef 2 reinforced the project’s scale. A Maiden Resource Estimate is now underway, backed by growing confidence in this shallow, high-value polymetallic system. 🧭📊
📈 Terra also secured an option to acquire adjacent tenements from HRM Exploration, boosting its Jameson Intrusion footprint by 618km²—an area likened to South Africa’s world-class Bushveld Complex. 🌍💥
With copper prices holding strong at USD 4.79/lb and demand surging from EVs and green infrastructure, Dante is perfectly positioned for future upside. 🔋🌿
💼 Terra remains financially disciplined, with strategic funding options being explored to advance development.
#TerraMetals #DanteProject #CopperBoom #Vanadium #Titanium #PGMs #ASXTM1 #PolymetallicPower #GreenMetals #MiningNews #AustraliaResources #ResourceGrowth 📊🛠️💰
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colitco · 2 months ago
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📢 TERRA METALS: GLOBALLY SIGNIFICANT COPPER-GOLD & TITANIUM DISCOVERY IN WESTERN AUSTRALIA 🌍⛏️
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Future Facing Commodities | April 2025 | Singapore
Terra Metals (ASX: TM1) is advancing a world-class multi-commodity discovery at the Dante Project in Western Australia’s West Musgrave region—positioning itself as a leader in the next generation of critical minerals.
🔍 Key Highlights:
✅ Globally Significant Resource: Large-scale Cu-Au-PGE-Ni-Ti-V system.
✅ Exceptional Metallurgy: High-value concentrates and recoveries.
✅ Strategic Growth Potential: Low-strip, scalable open-cut development.
✅ Strong Market Demand: Aligned with the global shift toward clean energy and critical minerals.
📍 Investor Outlook:
With ASX: TM1 trading at A$0.022, Terra Metals is set to capitalize on the surging demand for copper, titanium, and battery metals, securing its place in the sustainable resource sector.
Read More - https://app.sharelinktechnologies.com/announcement/asx/7099f5302534f5a04244fe9525aaed36
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 2 months ago
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📢 TERRA METALS (ASX: TM1) UNVEILING HIGH-GRADE, WIDE MINERALISED ZONES AT DANTE! ⛏️🔥
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Terra Metals Limited (ASX: TM1) is advancing exploration at the Dante Project, with infill drilling confirming extensive high-grade mineralisation from surface at Reef 2 North. The latest results have successfully closed a 2.7km gap in previous drilling, reinforcing the scale and continuity of the deposit.
🔍 Exploration Snapshot:
✅ High-Grade Intersections: 15m @ 12.89% TiO2, 0.28% CuEq | 9m @ 14.46% TiO2, 0.29% CuEq ✅ Exceptional Metallurgy: Strong recoveries and concentrate grades enhance economic potential ✅ Expanding Resource Base: Maiden Mineral Resource Estimate (MRE) and metallurgical optimisation underway
🗣️ Managing Director & CEO, Thomas Line, stated:
“These latest results confirm the continuity of wide zones of hanging wall mineralisation and high-grade reef mineralisation from surface at Reef 2. The excellent metal recoveries and concentrate grades achieved in the Dante Reefs Phase 1 metallurgical work highlight the economic potential, supporting a larger tonnage, lower strip ratio resource.”
📍 Investor Outlook:
Terra Metals (ASX: TM1) is strategically positioned with a growing high-grade resource at Dante. The project’s near-surface mineralisation, combined with strong metallurgical performance, presents a compelling case for future development.
📈 ASX: TM1 is currently trading at A$0.019, reflecting increasing interest in its high-grade discoveries and resource expansion potential.
📍 Read more: Terra Metals Reports Strong Drill Results at Dante Project
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 2 months ago
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⚡ Critical Minerals Buzz from Terra Metals (ASX: TM1) ⚡
Terra Metals (ASX: TM1) is unlocking major value at its Dante Project in WA’s emerging West Musgrave province!
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Phase 1 testwork on Dante Reefs ore has delivered exceptional multi-metal concentrates—proving economic potential with simple, low-cost processing.
Highlights include:
✔ Copper-Au-PGM concentrate: 28% Cu, 17g/t Au, 21.4g/t PGM ✔ Vanadium-magnetite concentrate: 1.81% V₂O₅, 90.9% recovery ✔ Titanium-ilmenite concentrate: 40% TiO₂
Why it matters:
These results highlight Dante as a potential globally significant source of copper, gold, PGMs, vanadium, and titanium—all critical for the energy transition.
Next up:
✅ Phase 2 testwork underway ✅ Maiden resource estimate expected mid-2025 ✅ Ongoing exploration at multiple Dante prospects
Stock Snapshot:
TM1 last traded at $0.023, up ~15% on the news. Market cap: $8.15M
TM1 is building momentum—across multiple critical minerals!
📍Read More: https://colitco.com/terra-metals-high-grade-concentrates-confirm/
This is not an investment advise, please do your own research for any investment decisions.
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colitco · 3 months ago
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🚀 Terra Metals Extends High-Grade Strike at Reef 1 North! 🚀
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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.
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terrametalslimited · 3 months ago
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Terra Metals Expands Dante Project with Strategic Acquisition Option
Terra Metals Limited (ASX: TM1) ("Terra Metals" or "the Company") has taken a bold step in solidifying its presence in the West Musgrave region. The company announced that it has entered into an option agreement to acquire 100% of HRM Exploration Pty Ltd ("HRM"). HRM holds four exploration licences covering 618 km², which are contiguous with Terra’s flagship Dante copper-gold-platinum group metal-titanium-vanadium ("Cu-Au-PGM-Ti-V") project in Western Australia.
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This acquisition will significantly strengthen Terra’s already substantial position in the highly prospective Jameson Layered Intrusion, a geological setting analogous to South Africa’s Bushveld Province. The binding term sheet, executed between Terra, HRM, and HRM’s sole shareholder, Hardrock Minerals Limited, grants Terra a 12-month exclusive option to acquire 100% of HRM’s issued capital.
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colitco · 4 months ago
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🚀 Terra Metals (ASX: TM1) – Strong December Quarter & Investor Momentum! 🚀
Terra Metals has delivered a highly successful December quarter, achieving significant progress at the Dante Project in Western Australia. The Company completed an 18-hole diamond drilling program (3,208m) and a 66-hole reverse circulation (RC) drill program (4,875m), with results confirming high-grade titanium, copper, PGMs, and vanadium over a 2.5km strike.
Key Highlights from the Quarter:
✅ Titanium Dioxide (TiO₂) grades of up to 22.7% ✅ PGMs reaching 0.85g/t, with 0.34% copper and 0.93% vanadium pentoxide (V₂O₅) ✅ Assays pending from 33 additional drill holes, with more results expected soon
Following the quarter’s close, the Company secured an option to acquire 100% of HRM Exploration Pty Ltd ("HRM"), which holds four exploration licenses covering 618km² of highly prospective ground contiguous with the Dante Project. This strategic move significantly enhances Terra Metals' long-term exploration potential and strengthens its position in the region.
Investor Outlook – Terra Metals (ASX: TM1)
Investor interest is strong, with Terra Metals’ share price closing at $0.036 on 31 January 2025, reflecting a 5.88% increase from the previous close of $0.034.
📈 Key Trading Data:
🔹 Opening Price: $0.033 | Daily High: $0.036 | Daily Low: $0.030 🔹 Trading Volume: 417,217 shares 🔹 Market Capitalisation: $14.6 million
With a robust pipeline of anticipated results, increasing industrial demand for critical minerals such as titanium, vanadium, and platinum group elements (PGEs), and well-defined exploration plans in place, 2025 is poised to be a breakthrough year for Terra Metals! Stay tuned for further update.
Read More - https://app.sharelinktechnologies.com/announcement/asx/56e303a06b0551e1d63d8d3e59bbbfd2
Disclaimer: This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 4 months ago
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🚀 Terra Metals Expands Dante Project with Key Acquisition!
📢 Big news for Terra Metals Limited (ASX: TM1)! The company has secured an exclusive 12-month option to acquire HRM Exploration Pty Ltd, adding 618 km² of prime tenements to its flagship Dante Cu-Au-PGM-Ti-V Project in Western Australia.
🔹 Strategic Growth: Strengthens TM1’s position in the Jameson Layered Intrusion, a geological setting akin to South Africa’s Bushveld Complex. 🔹 Major Discoveries: Over 18,000m drilled, uncovering high-grade titanium, copper, PGMs, and vanadium. 🔹 Investor Highlights: TM1’s last traded price: AUD 0.033, with a market cap of AUD 13.10M (as of Jan 29, 2025).
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💰 Investor’s Outlook:
Terra Metals (ASX: TM1) is consolidating its West Musgrave footprint with a low-cost, high-reward acquisition strategy. The company has successfully secured capital, achieved two significant discoveries, and is advancing its exploration efforts. As the titanium market grows at a projected 6.2% CAGR, TM1 is well-positioned for potential long-term value creation.
With exploration upside, streamlined permitting, and a strong cash position, TM1 is positioning itself as a leader in Australia’s critical minerals sector!
📈 Stay tuned for drill results and expansion updates!
🔗 Read more: https://colitco.com/terra-metals-expands-dante-project-strategic-deal/
⚠ Disclaimer: This is not investment advice. Please do your own research before making any investment decisions.
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colitco · 4 months ago
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📢 Terra Metals Limited (ASX: TM1) Takes Major Step Forward with Dante Project Expansion! 🌍🔥
Terra Metals has secured an option to acquire a 618km² tenement package adjacent to its flagship Dante Cu-Au-PGM-Ti-V Project in Western Australia, almost doubling its tenement holding in the West Musgrave region.
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🔹 Key Highlights:
✅ Extensions of the Jameson Layered Intrusion, hosting high-grade polymetallic discoveries at Dante Reefs. ✅ Significant synergies in logistics, manpower, and native title agreements with the same Traditional Owners. ✅ Consolidated position in a globally significant critical minerals hub ahead of further exploration and appraisal drilling.
📣 Managing Director & CEO, Thomas Line:
"This strategic expansion builds on our strong momentum in the West Musgrave region. We’ve achieved major milestones, including two large discoveries, over 18,000m drilled, secured EIS grants, and raised over $8M for exploration. The 12-month option allows us to unlock even greater value at Dante."
Investor Outlook:
Terra Metals Limited (ASX: TM1) is currently trading at $0.033 per share, with no change in price during the session and a market capitalisation of $13.11 million. The company’s continued focus on exploration and resource expansion positions it as a promising opportunity in Australia’s critical minerals sector.
Terra Metals (ASX: TM1) continues to lead the way in developing Australia’s critical minerals frontier! 🚀
This is not investment advice, please do your own research for any investment decisions.
Read More - https://app.sharelinktechnologies.com/announcement/asx/1107c2547ec3fb17039f2d336d2dabb4
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colitcomediasblog · 4 months ago
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Terra Metals Limited (ASX: TM1) Strengthens West Musgrave Presence
Terra Metals Limited (ASX: TM1) ("Terra Metals" or "the Company") has announced a significant expansion of its footprint in the West Musgrave region through an option agreement to acquire 100% of HRM Exploration Pty Ltd (“HRM”). HRM holds four exploration licenses covering 618 km², which are contiguous with Terra’s flagship Dante copper-gold-platinum group metal-titanium-vanadium ("Cu-Au-PGM-Ti-V") project in Western Australia.
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This acquisition marks a strategic move for Terra Metals, reinforcing its position in the highly prospective Jameson Layered Intrusion, a geological formation with similarities to South Africa’s renowned Bushveld Complex, a world-class source of platinum group metals and other strategic minerals.
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