Terrain Minerals (ASX:TMX) has announced successful results from their drilling campaign at the Wildflower Gold Project in Western Australia. The campaign identified significant gold mineralization, indicating a promising primary gold source.
Terrain Minerals Limited (ASX:TMX) conducted a successful air-core drilling program at the Wildflower Gold Project, revealing significant gold mineralization. The campaign consisted of 72 holes, uncovering promising supergene mineralization, particularly at Cotta (T16W). Notable results included a 9-meter interval at 1.17 g/t gold, with a higher-grade section of 3 meters at 2.61 g/t gold. These results suggest a primary gold source, prompting plans for a follow-up RC drilling program to further explore these zones. Situated in the Yalgoo-Singleton Greenstone Belt, the project benefits from accessible infrastructure and historical exploration data. The company has refined its geological model and plans a 2,000-meter RC drill program to test newly interpreted shear zones. Terrain Minerals remains committed to exploring higher-grade mineralization and is also pursuing commercial opportunities for its non-core assets.
The significance of these findings is emphasized by the potential for high-grade mineralization, especially in light of favorable gold market conditions.