Terrain Minerals' exploration advancements

Terrain Minerals (ASX:TMX) is advancing its Wildflower Gold Project with a new 16-hole Reverse Circulation (RC) drill program. This follows successful air-core drilling results. The project is located in Western Australia's mid-west mining region, near Vault Minerals' Rothsay gold mine. Results from the RC drill program are expected in January 2025.

Exploration strategy and future outlook

Terrain Minerals is embarking on a new phase of its Wildflower Gold Project with an RC drill program targeting six gold zones. The company's strategic positioning in Western Australia's mineral-rich region enhances its exploration potential. Following promising air-core drilling results, Terrain aims to uncover new gold discoveries by 2025, leveraging high gold prices. Additionally, the Larin's Lane Project focuses on gallium exploration, preparing for a metallurgical research program. Terrain continues to explore collaborative opportunities for its non-core assets while maintaining transparency and compliance with ASX standards.

Executive insights on exploration progress

We are proud of the team's efforts and the advancements in our discoveries, particularly with the favorable gold prices. This strategic exploration aligns with our goal to enhance shareholder value and capitalize on potential new gold discoveries.