Terrain Minerals launches exploration survey

Terrain Minerals (ASX:TMX) has started a ground-based moving loop electromagnetic survey at its Lort River Project in Western Australia. The initiative targets four high-priority conductors identified earlier through an airborne survey. This effort is aimed at evaluating potential nickel-copper sulphide mineralization.

Overview of TMX's exploration and future plans

Terrain Minerals Limited has begun an electromagnetic survey to assess high-priority sulphide conductors at its Lort River Project, located near significant mineral operations. The company has scheduled a drilling program for early 2025 to further explore these targets, with assistance from Southern Geoscience Consultants. The strategic location and geological features of Lort River, resembling IGO's Nova-Bollinger site, indicate promising potential for nickel-copper deposits. The company is optimistic about the Albany-Fraser Belt's resource potential and is considering further exploration and potential joint ventures. Terrain holds the exploration tenement in good standing and is actively expanding its project pipeline.

Executive commentary on survey initiation

The EM survey at Lort River is designed to pinpoint the source, location, and orientation of the sulphide conductors to refine drill targeting for potential nickel-copper deposits.