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Terrain Minerals (ASX: $TMX) expands rare earth and gallium projects

Terrain Minerals (ASX: $TMX) announces expansion of rare earth and gallium projects


Terrain Minerals (ASX: $TMX) presented at the Future Facing Commodities Conference in Singapore in March 2024, providing updates on their Smokebush and Lort River projects. The company, with ASX code TMX, highlighted significant mineralisation findings and outlined future exploration and development plans.

Executive Commentary on Rare Earth and Gallium Projects


The executive commentary from Terrain Minerals emphasized the promising results from the Smokebush and Lort River projects. The company's focus on rare earth elements (REE) and gallium aligns with the increasing demand for these commodities in various industries. The ongoing exploration and drilling programs are expected to provide valuable data for the company's future resource estimations and project developments.

Summary of Expansion and Future Outlook


Terrain Minerals (ASX: $TMX) showcased the progress and potential of their rare earth and gallium projects at the Future Facing Commodities Conference. The company's Smokebush project demonstrated high-grade REE mineralisation, with upcoming assay results and metallurgical test work. Additionally, the Lort River project revealed extensive REE and gallium mineralisation, along with plans for an airborne electromagnetic survey. With a strong project pipeline including lithium and copper/gold projects, Terrain Minerals is poised for further exploration and development in the emerging REE and gallium sectors.

TERRAIN MINERALS LIMITED
TMX | ASX | Materials
0.0035-0.0005(-12.5%)
At close 05/07 (AEDT)
Market cap
$5.7M
Volume
72,000
DY Yield
0
PE Ratio
0
52 Week Range
0.003 - 0.007
1YR Return
-12.5%

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