공시 • May 04
Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 375,000,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00024
Transaction Features: Subsequent Direct Listing New Risk • Mar 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.2m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Earnings have declined by 39% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$13.3m market cap, or US$9.52m). 공시 • Dec 10
Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.4225 million. Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.4225 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 254,375,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00024
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 101,250,000
Price\Range: AUD 0.004
Discount Per Security: AUD 0.00024
Transaction Features: Subsequent Direct Listing 공시 • Nov 07
Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32475 million. Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32475 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 284,388,901
Price\Range: AUD 0.0045
Discount Per Security: AUD 0.00027
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 10,000,000
Price\Range: AUD 0.0045
Transaction Features: Subsequent Direct Listing 공시 • Oct 31
Terrain Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.17375 million. Terrain Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.17375 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 260,833,349
Price\Range: AUD 0.0045
Discount Per Security: AUD 0.00027
Transaction Features: Subsequent Direct Listing 공시 • Oct 27
Terrain Minerals Limited, Annual General Meeting, Nov 28, 2025 Terrain Minerals Limited, Annual General Meeting, Nov 28, 2025. Location: at suite 2, 28 outram street, wa, 6005, west perth, Australia New Risk • Sep 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (44% average weekly change). Earnings have declined by 51% per year over the past 5 years. Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m (AU$2.1k revenue, or US$1.4k). Market cap is less than US$10m (AU$8.05m market cap, or US$5.30m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). 공시 • Aug 16
Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.189773 million. Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.189773 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 206,257,667
Price\Range: AUD 0.003
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 77,000,000
Price\Range: AUD 0.003
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: AUD 0.003
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 63,333,333
Price\Range: AUD 0.003
Security Features: Attached Options
Transaction Features: Rights Offering 공시 • May 12
Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.735 million. Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.735 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 221,666,666
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 23,333,334
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 12
First half 2025 earnings released: EPS: AU$0 (vs AU$0.001 loss in 1H 2024) First half 2025 results: EPS: AU$0 (improved from AU$0.001 loss in 1H 2024). Net loss: AU$607.4k (loss narrowed 11% from 1H 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 17% per year. New Risk • Feb 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$10.0m market cap, or US$6.30m). 공시 • Jan 30
Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.600012 million. Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.600012 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 150,003,990
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 42,857,143
Price\Range: AUD 0.0035
Discount Per Security: AUD 0.00021
Transaction Features: Subsequent Direct Listing 공시 • Jan 22
Terrain Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.450012 million. Terrain Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.450012 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 150,003,983
Price\Range: AUD 0.003
Discount Per Security: AUD 0.00018
Transaction Features: Subsequent Direct Listing New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$5.40m market cap, or US$3.36m). 공시 • Oct 31
Terrain Minerals Limited, Annual General Meeting, Nov 28, 2024 Terrain Minerals Limited, Annual General Meeting, Nov 28, 2024. Location: at suite 2, 28 outram street, west perth, wa, 6005, Australia New Risk • Sep 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$2.5m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m (AU$5.5k revenue, or US$3.7k). Market cap is less than US$10m (AU$5.30m market cap, or US$3.61m). Minor Risk Shareholders have been diluted in the past year (40% increase in shares outstanding). New Risk • Jul 31
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 63% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 31% per year over the past 5 years. Shareholders have been substantially diluted in the past year (63% increase in shares outstanding). Revenue is less than US$1m (AU$876 revenue, or US$569). Market cap is less than US$10m (AU$6.18m market cap, or US$4.01m). New Risk • Jan 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 58% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (58% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$7.16m market cap, or US$4.71m). 공시 • Jan 24
Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.783028 million. Terrain Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.783028 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 86,205,574
Price\Range: AUD 0.005
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 70,400,000
Price\Range: AUD 0.005
Security Features: Attached Options
Transaction Features: Rights Offering 공시 • Oct 30
Terrain Minerals Limited, Annual General Meeting, Nov 30, 2023 Terrain Minerals Limited, Annual General Meeting, Nov 30, 2023, at 08:00 W. Australia Standard Time. Location: Suite 2, 28 Outram Street West Perth, Western Australia 6005 West Peth Western Australia Australia Agenda: To consider Adoption Of Remuneration Report; to consider Election Of Director Mr Xavier Braud; to consider Re-Election Of Director Mr Johannes Lin; to consider the Ratification Of Issue Of Placement Shares Under Listing Rule; to consider Ratification Of Issue Of Placement Shares Under Listing Rule; to consider the Ratification Of Issue Of Broker Options Under Listing Rule; to consider the Approval To Issue Director Options To Related Party Justin Virgin; to consider the Approval To Issue Director Options To Related Party Xavier Braud; to consider the Approval To Issue Consultant Options To Benjamin Bell; to consider the Approval Of 10% Placement Capacity; and to consider other business matters. New Risk • Sep 21
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.7m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.42m market cap, or US$3.48m). Minor Risk Shareholders have been diluted in the past year (42% increase in shares outstanding). New Risk • Sep 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.0m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue is less than US$1m (AU$2.2k revenue, or US$1.4k). Market cap is less than US$10m (AU$6.50m market cap, or US$4.14m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (42% increase in shares outstanding). 공시 • Dec 06
Terrain Minerals Limited Announces Field Mapping Identifies Up to 20 Pegmatites at Now 100% Owned Smokebush Gold Exploration Project Terrain Minerals Limited announced that recent field mapping has identified up to 20 pegmatites at the now 100% owned Smokebush gold exploration project. Pegmatites are the preferred host lithology of lithium mineralisation across Western Australia. Terrains geological team are taking rock chip samples from these pegmatites which will be tested for lithium mineralisation. Assay results from this sampling program are anticipated to be received by Terrain in February 2023. Terrain is encouraged that the Smokebush pegmatites are located within the so-called goldilocks zone being the distance between two and six kilometres from a granite intrusive (in this case, the Mt Mulgine granite intrusive immediately west of the Smokebush tenements), which is interpreted as being the most prospective zone within a pegmatite for lithium mineralisation. Location & Access: The Smokebush Project area is located approximately approx. 350km from Perth Western Australia and 85 kilometres east northeast of the Perenjori township and 65 kilometres west of Paynes Find within the Yalgoo Mineral Field. The tenements can be accessed via the unsealed Perenjori - Warriedar Road, and thence via extensive historical exploration grid lines, station tracks and fences lines. The now 100% owned project consist of Prospecting Licenses (P59/2125, 2126, 2127, 2128 & 2774) and Exploration Licence E59/2234, 2435, 2482 & 2700. The geology of the area consists predominantly of a complexly folded, regionally metamorphosed Archaean greenstone sequence at the southern end of the Yalgoo Singleton Greenstone Belt that has been subjected to multi-phase granitoid intrusion. Located adjacent to a large tungsten resource at Mt Mulgine (Tungsten Mining NL) and a number of recently developed gold open pit mines (Minjar Gold Pty Ltd). 공시 • Nov 22
Terrain Minerals Limited Announces Rare Earths 2023 Exploration Planning Commenced Lort River Terrain Minerals Limited has previously announced that clay type rare earth elements (REE) have been discovered over large areas within its 100% owned Lort River Project. The Lort River Project covers an area of 320km2 and is located within the heart of the Esperance REE province of Western Australia. Terrain has engaged WA based Cube Consulting Pty Ltd. (Cube) to assist with strategic exploration planning with the goal of compiling a maiden resource at Lort River as soon as possible. Cube has extensive REE experience and corresponding resource modelling and will assist Terrain to achieve its objectives ensuring all activities are executed effectively and carried out to a standard to support the reporting of any future Mineral Resource Estimates. Cube's scope of work includes: Plan first pass drill program across Terrain tenements to support reporting of an Exploration Target. Provide recommendations on processes and procedures for drilling to ensure information is collected at a standard to support future Mineral Resource Estimates in line with the requirements of the JORC Code. Preparation of maps for a Program or works (POW) application. Terrain intends to conduct wide spaced air core drilling over the areas with the aim of being able to bring all data into a resource as soon as possible, assuming the clay zones are continuous and hold grade. If this is the case the study will identify how to best execute a cost-effective drilling campaign over the Lort River tenure. It is believed that this planning will greatly assist in reducing the overall time and lowering the costs to any future discoveries. Terrain's exploration team are currently focusing on executing grounds activities at the Lort River Project. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Independent Non-Executive Director Johannes Lin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Oct 14
Terrain Minerals Limited, Annual General Meeting, Nov 17, 2022 Terrain Minerals Limited, Annual General Meeting, Nov 17, 2022, at 07:00 W. Australia Standard Time. Location: at Suite 2, 28 Outram Street, West Perth Western Australia Australia Agenda: To consider adoption of remuneration report; to consider re-election of director Mr. Trevor Bradley; to consider approval of 10% placement capacity; to consider ratification of prior issue of shares; and to increase in non-executive director aggregate remuneration fee cap; and to consider other matters. 공시 • Aug 23
Terrain Minerals Announces New Project Calytrix & Smokebush & Wild-Viper Project Update Terrain Minerals Limited announced that it has applied for a new package of base metals and gold exploration tenements located to the north of Terrain's Smokebush project (Calytrix). Calytrix Exploration Project: Granted (100%) - E59/2692 & E59/2694; Pending E59/2744 & E59/2745 - expected to be granted shortly; Package comprises of 222 block and covers ~668 square km. Calytrix is located approximately 40km south-east from the township of Yalgoo, 50km north of the Smokebush project and 500km north-east of Perth and is accessible by local roads. Calytrix is situated within a large structurally complex igneous area amongst historic gold prospects with large areas undercover. Calytrix has seen little to no exploration activities for an area that is located near to historic goldfields and operating major base metals mines including Golden Grove and 29 Metals. Terrain's geological team is currently on site assessing the tenements and following up on multiple areas they have identified from the limited available data and geophysics. The geological team will also visit one area of the Smokebush project Tenement E59/2482. Terrain believes that the 5km long 400m wide south-east striking Archean greenstone mapped as metabasalt (A_mbb_YYO) which is coincident with a number of magnetic high responses warrants investigation and sampling. Interestingly, the structure appears to be heading towards the Surefire Resource, Yibdy Gold project tenements. 공시 • May 30
Terrain Minerals Limited Announces High-Grade Clay Type Rare Earths Soil Anomaly Identified At Lort River Project Terrain Minerals Limited announced that clay type rare earths have been discovered over large areas within the 320 kilo meter square tenement area following the review of historic auger drilling data at the Company's 100% owned Lort River Project in Western Australia. The Board is very excited to have identified multiple REE walk-up drill targets. High-Grade Rare Earths Soil Anomalies Identified: Assays show a high percentage of valuable magnet rare earth elements (up to 35% of the total grade). The shallow auger samples returned Total Rare Earth Oxide (TREO) grades of: 580 ppm TREO in VKU28733 (25% Magnet REO of total grade), 525 ppm TREO in VKU28802 (27% Magnet REO of total grade), 513 ppm TREO in VKU28806 (28% Magnet REO of total grade), 505 ppm TREO in VKU28712 (35% Magnet REO of total grade), 504 ppm TREO in VKU28729 (29% Magnet REO of total grade). Assays also show high Scandium (Sc) grades, a valuable metal and potentially important addition to the high-grade rare earth mineralization. Terrain intends to advance exploration at Lort River, targeting the underlying clay horizon below the shallow soil anomaly. The tenure also covers the Kateup Creek, Helms, Bishops Hat and Lauriana Shear Zones and is prospective for gold and base metals, in addition to the shallow, high-grade, high value rare earth mineralization already identified. This large tenement package is directly adjacent to emerging clay hosted rare earth discoveries in the region. These exciting results are from historic shallow auger samples taken ~1m below surface and appear to have been taken along road reserves relating to early-stage gold exploration activities. Terrain will target the more prospective underlying clay horizon where grades are hoped to improve within larger zones. The high-grade soil results span Terrains two western tenements (E63/2208 and E63/2209), over 300km2. The Company's eastern tenement (E63/2207) has never been explored for rare earth mineralization and is also considered prospective for further REE soil anomalies. In addition to the high-grade rare earth soil anomalism spread across large areas of the Lort River Project, the tenure covers significant sections of major regional shear zones. This includes the Kateup Creek and Helms Shear Zone, the Bishops Hat Shear Zone and the Lauriana Shear Zone, positioned on the western side of a major bifurcation in the red island shear zone where both the Belgian and Lauriana Shears splay off to the west. In addition to rare earth targets, these shear zones present significant untested and highly prospective targets, for gold and base metals. Terrain intends to continue its systematic approach to exploration with the aim of advancing towards drilling at the Lort River Project. Drilling will be targeting shallow, high-grade clay rare earth mineralization as well as testing for other mineral occurrences. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. 1 independent director (2 non-independent directors). Independent Non-Executive Director Johannes Lin was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Feb 03
Terrain Minerals Limited Announces High Grade Rock Chips from New Areas At Wild Viper Gold Project Terrain Minerals Limited announced update the market regarding recent findings from field observations and corresponding rock chip sample results taken during two field trips during the quarter, over three new areas of interest identified at the Wild-viper Gold Project. Eastern Quartz Veins - Rock Chip Samples: 13.6 g/t Au - Sample description: Pyritic Quartz vein, from old mineshaft. Strike 100 dip subvertical; 7.7 g/t Au - Sample description: Fe-stained quartz vein; 6.0 g/t Au - Sample description: Old diggings 50m NW of old shaft. High Fe. Strike 300 dip 80S. The company geologists mapped and sampled the Wild-viper Gold Project to improve the geological understanding of the area. A total of 51 rock chip samples were collected covering an area of approximately 400m as part of this work. The high-grade rock chips were taken from a zone of patchy subcrop near the eastern margin of Terrains tenement E 37/1214, in an area termed, "Eastern Quartz Veins". The high-grade rock chips are associated with a steeply dipping quartz vein array within host granitoid of the Bundarra batholith. Sub vertical vein sets occur in at least two strike orientations interpreted as a conjugate set. The vein array occurs on the far east of the tenement in an area where sparse prior exploration has occurred, and only patches of previous RAB drilling. Historical RAB holes that transect parts of this newly identified area were limited in effectiveness because they were drilled vertically. Wilson Arc Structure - Rock Chip Samples: 2.6 g/t Au - Sample description: Vein in shallow pit, strike 280 dips subvertical; 0.4 g/t Au - Sample description: Vein in coarse granite, strike 280 dips 85 Nth. In addition to high grade rock chips identified in the East of Terrain tenement, Terrain has identified a new anomalous area with rock chips up to 2.6 g/t Au which has been named, "Wilsons Arc". Mineralization in this area occurs within quartz veins in the southern portion south of the Great Western deposit and over the historic Wilson Patch area. There is a moderate level of historic exploration that corroborates these results and consist of small historic workings and patches of vertical RAB drilling. 공시 • Sep 13
Terrain Minerals Limited Completes New Internal Geological Interpretation and Drill Planning At the Smokebush Gold Project Terrain Minerals Limited has completed a new internal Geological Interpretation and drill planning at the Smokebush Gold Project. Smokebush is located at Mt Mulgine, approximately 85 kilometres east northeast of the Perenjori township and 65 kilometres west of Paynes Find within the Yalgoo Mineral Field. The Monza area of the project is still at a comparatively early stage of exploration. The drilling campaign conducted by Terrain in October 2020, confirmed the results from historic drilling and expanded known mineralisation down dip and along strike. In this drilling campaign, the northern most line of drillholes, intersected the hanging wall and the mineralised structure sat to the east of the drillholes. In the follow up drilling campaign which commenced in April 2021, Terrains geological team repositioned and reoriented the target and consequently picked up the mineralisation
again, adding a further 400m to the now 700m long mineralised zone. The Monza structure appears structurally complex, with sigmoidal trend and variation in orientation, thickness and fabric intensity. At the northern end, drilling appears to have identified a new mineralised zone "Monza North" which may be separate from Monza and on a different orientation. Terrain's geological team is planning next stages of exploration, including more field work to define and possibly conduct a regional drill program over Monza North, Wildflower and Hurley. The interpreted mineralised zone may be significantly expanded to the north where sparse drilling (100m x 50m) has identified numerous significant intercepts. The Monza North mineralised zone that includes significant intersection of 3m @ 1.53 g/t Au, has a different orientation to the main zone. The mineralised structure at Monza North trends NW-SE and dips moderate-shallowly to the Northeast. This rotation of mineralisation orientation could be explained by fault-tip damage at a termination, or a relay in a step-over zone. Either of these scenarios indicate a structural complexity in this region (Monza North) of the mineralising system that may correspond to increased fluid flux. 공시 • May 27
Terrain Minerals Limited Provides Update of its Completed Drilling, Field Observations and Rock Chip Sample Results Terrain Minerals Limited provided update the market regarding the recently completed drilling, field observations and rock chip sample results taken during recent mapping programs. Mapping activities identified a new series of historic shallow workings between the Monza drill area and the northern extension working 500m away that reported rock chip results up to 100g/t Gold, from historic workings (Refer to ASX announcement 07/10/2020 - High Grade Rock Chips at Smokebush Gold Project). Rock Chips Samples (taken from two separate spoil piles): 0.58 g/t Au; and 4.78 g/t Au. The new samples were taken from spoil rock piles adjacent to the shallow workings. These results provide further evidence of gold mineralisation between the two areas and provides further confidence for the recent drilling program (now completed) which was aimed at defining a broad northern extension of gold mineralisation in this area. Drilling Up-date Smokebush: RC Drilling at Smokebush was completed on May 17, 2021. A total of 12 RC holes for 1,669m were completed north of Monza and 3 RC holes for 351m were completed at Paradise City & 1 RC hole 59m into the new wildcat target, for a total of 16 RC holes and 2,079m of drilling. The samples have where sent to the laboratory in several batches and the market will be updated as soon as possible. The testing laboratories are currently experiencing high demand and delays are expected. Wild-viper Update: Geologist are current on-site investigating several areas identified from recent data review work. 공시 • Mar 17
Terrain Minerals Limited Provides Drilling & Project Update on Smokebush Gold Project Terrain Minerals Limited announced that it has finalised the design work and all approvals have now been granted for the phase 2 RC drill program at Smokebush Gold Project located at Mt Mulgine, 65km West of Payne's Find WA. Terrains geologists are currently on site continuing the detailed mapping and ground based geophysical surveys work between Paradise City (PC) up to the Hurley/T17 area and between PC and Wildflower. The team will also revisit several areas of interest which were identified from the December mapping program; rock chip samples are still pending from these areas. Drill Program Summary: The RC drill program consists of 17 holes (2,100m) and will be undertaken at both Monza and Paradise City. Monza, Prospect (P59/2128 - 80% TMX), This drilling program is following on from the maiden, and highly successful drilling campaign, completed in 2020. A total of 13 holes are planned, 4 holes to test down dip extensions and 9 holes stepping out along the northern structural corridor to test scale and continuity. The drilling will end close to the historic working (shafts) which recently returned spectacular high-grade mineralisation from rock chip sampling. These old workings are located 800m away from the maiden drill program. Paradise City Target (E59/2435 - 100% TMX), Terrain's maiden RC drilling program over this area will consist of 4 holes. The targeting review process has identified promising historic drill results. It is believed that historic drilling may not have adequately tested the target area. This program aims to step out from the known areas of mineralisation, testing scale and continuity of the historic mineralization. 공시 • Feb 14
Terrain Minerals Limited Analyses Results from Smokebush Gold Project Terrain Minerals Limited announced that it has analysed the results from the ground-based geophysics program conducted in December 2020 over the Smokebush gold project. The geophysics concentrated on 3 key areas; Monza, Wildflower and Paradise City. All data has been merged with the existing data to create an advanced data base for precise drill targeting The program also consisted of a very detailed mapping program which extended beyond the key areas. This has identified several new areas that now require further investigation. One of these new areas is situated along the newly identified Monza corridor. Monza (TMX earn in 80%) 700 by 1000-meter area was covered by 50m spaced north- south ground magnetic lines. The information will assist with preparation for drilling which will be targeting depth and strike extents, as well as testing new areas along the ~800m plus strike. Wildflower (TMX earn in 80%) 650 by 1000-meter area was covered by 50m spaced north-south ground magnetic lines. This prospect requires further investigation to understand structural controls on gold mineralisation due to transported cover, an air core program is currently being designed. Paradise City (100% TMX) 600 by 1200-meter area was covered 50m spaced east-west ground magnetic lines. Planning is now underway for the maiden drill program which follows up on an exceptional historic first pass RC program. This target shares similarities to Monza prior to Terrain's successful maiden drilling program. The structure appears to head north towards other known mineralisation some ~3km to the north. 공시 • Dec 03
Terrain Minerals Limited Announces New Ground and Exciting Historic Results - Smokebush Project Terrain Minerals Limited announced that one of its newly pegged tenement applications E59/2435 has now been granted. The new area comprises of 10 blocks or ~2,608.5 ha. The new area sits between and connects the existing Smokebush JV areas, and together forms a combined area of ~3,862 ha Terrain has now conducted a historic data and first pass field review, which has uncovered impressive historic and first pass drilling results, which are located at the Paradise City Gold prospect. This further highlights the potential of the area and adds to Terrain's recent drilling success at Monza, located ~3km north west of Paradise City. Historic work at the Paradise City prospect included 15 RC and 5 RAB holes, of which 70% returned at least one significant intercept of + 0.5 g/t Au, this historic drilling concentrated underneath old workings. The geological knowledge remains poorly understood and Terrain's recent sampling has since reconfirmed the existence of mineralisation over the area. Terrain believes that the historic drilling has failed to comprehensibly test the Paradise City prospect. The Company has now commenced a Ground Magnetic Survey and Detailed Geological mapping to assist finalise targeting for the next phase of drilling at both Monza and Paradise City Prospects, and possibly over other areas of E59/2435 and the Smokebush gold exploration project. Historic RC Drilling Results Over the `Paradise City' Prospect include: 3m @ 2.17 g/t Au from 10m (PCRC001; 5m @ 1.35 g/t Au from 13m (PCRC002); 2m @ 3.61 g/t Au from 15m (PCRC007); 3m @ 1.94 g/t Au from 19m (PCRC008). Historic Rock Chip Sampling Results Over the Paradise City Prospect: 7 samples above 10 g/t Au with a maximum of 49.27 g/t Au. 31 rock chip or grab samples averaging 8.15g/t Au. New Rock Chip Sampling Results (by Terrain) Over Paradise City Confirms Mineralisation: 4 new rock chip samples over Paradise City old workings averaged 5.18 g/t Au. Rock chip samples from vein extensions 150m from the workings returned anomalous gold values between 0.21 g/t, 0.19g/t Au. 공시 • Nov 06
Terrain Minerals Limited Commences 2,650m Drill Program At Wild-Viper Gold Project & Smokebush Gold Terrain Minerals Limited updated the market that it has commenced the follow up drilling campaign at its 100% owned Wild-viper gold exploration project which is located 68km north of Leonora in Western Australia. The primary aim of the 2,650 meters air-core drilling campaign is to follow up on the results from the August 2020 RC drilling program that identified new areas of mineralisation. The most significant intercepts were found in hole WVRC017 that has a broader anomalous zone (above 0.1 g/t) of 10m at 0.46 g/t from 93m. The target area is located around the most eastern line tested, which is situated along the Bundarra lineament trend within the Terrain tenements. This is an area that sits under shallow transported alluvial cover and has seen very limited exploration to date. Terrain intends to complete 100m to 200m spaced lines over the most significant portion of the structure as well as infill several gaps left in drill lines from the August drill program. Terrain is excited about the drilling results from the highly successful maiden RC program that was undertaken in August 2020. Terrain has now received the results from this program and completed the project review. The additional samples greatly assisted with the orientation of mineralize zones, (the better samples from the secondary group of samples tested were low grade). Terrain intends to carry out a comprehensive mapping study over the target and surrounding areas to assist in identifying targeted areas for follow up drilling. Other techniques are also currently being considered. The success of Monza, and recent field observations, have all highlighted the prospectively of this forgotten green stone belt that is located 350km north of Perth. Terrain will update the market about the Smokebush gold project as exploration is carried out. 공시 • Oct 12
Terrain Minerals Limited Announces the Drilling Results from Maiden RC Drilling Program At Smokebush Gold Project Terrain Minerals Limited announced the drilling results from the company's maiden RC Drilling Program at Smokebush Gold Project, (where Terrain can earn up to 80% via expenditure). A total of 12 RC holes (11 holes at the Monza prospect and 1 hole at Target 13) were completed for a total 981 metres as part of this first pass exploration program. The RC Drilling program was carried out over a 200m to 250m area to improve confidence in grade continuity and orientation identified in historic drilling and to test interpreted extensions to mineralization. The drilling was concentrated at the Monza prospect area because this was identified as the most advanced target within the Smokebush project for hosting significant gold mineralization. Multiple significant intersections were returned from drilling associated with shearing and alteration within meta-dolerite and felsic intrusive host rock. Monza - Best Gold (Au) Results Include: 4m at 4.46 g/t Au (incl 1m at 10.3 g/t) from 51 metres SBRC003; 7m at 2.72 g/t Au (incl 1m at 11.1 g/t) from 25 metres and 1m at 0.85g/t from 43m SBRC005; 6m at 2.12 g/t Au (incl 1m at 7.2 g/t) from 80 metres SBRC011; 8m at 1.37 g/t Au from 85 metres and 2m at 0.8 g/t from 96m SBRC006; 3m at 1.14 g/t Au from 103 metres and 1m at 0.74 g/t from 111m SBRC002 - New Zone; 1m at 0.63 g/t Au from 28m, 1m at 0.57 g/t from 33m & 1m at 0.53 g/t from 54m SBRC008; 1m at 0.72 g/t Au from 14 metres SBRC009 - hole failed to reach target depth & results pending. This program has confirmed that mineralization remains open down dip and along trend. The structure that is evident in the northern most drill line trends further north towards the newly identified workings ~500m away. Rock chip samples from these workings returned several higher-grade assays of up to 100 g/t Au. The structure and historic workings remain untested and require follow up drilling. 공시 • Oct 07
Terrain Minerals Limited Announces Wild-Viper Gold Exploration Project Update Terrain Minerals Limited updated the market on field exploration works and first pass maiden drilling results from its Wild-viper Gold Project (WV). The primary aim of the program was to test the regional potential for gold mineralisation along the Bundarra lineament trend within Terrain Minerals tenements. Drilling and rock chip sampling has successfully highlighted this. Project review and planning for the next stage of exploration is now underway. Drilling Update: Significant Intercepts (above 0.5 g/t) from First Pass Drilling: 1m @ 2.09 g/t from 59m & 1m @ 0.61 g/t from 65m in hole WVRC018; 2m @ 0.89 g/t from 93m & 2m @0.65 g/t from 100m in hole WVRC017. Multiple significant intercepts were returned from holes WVRC017 and WVRC018 on the easternmost line which are 2.3km from Great Western ML37/54. The significant intercepts in hole WVRC017 form part of a broader anomalous zone (above 0.1 g/t) of 10m at 0.46 g/t (WVRC017 from 93m). These results are in an area of very limited exploration under shallow transported alluvial cover. Anomalous gold (above 0.1 g/t) was also identified in holes WVRC010 (failed to reach target) and WVRC011 in the westernmost drill line (680m from Great Western – ML 37/54) and 1.6km from gold mineralisation identified in WVRC017 & WVRC018. The RC drilling holes were selected based on visual geological observations. The drill lines were widely spaced approximately 480-500m apart, with the individual drill holes having 36-40m gaps between the top and the bottom holes (not drilled top to tail). A total of 18 holes for 1,302 meters have been drilled consisting of; 6 Aircore holes for 137 meters and 12 RC holes for 1,165 meters. The unsubmitted samples are being held in storage and may be selectively assayed once a full assessment has been carried out of the drilling program. Best Rock Chip Results: 17.1g/t from mineralised vein in shaft; 7.95g/t from mineralised vein in shaft; 4.38g/t from mineralised vein in shaft. Rock chips were taken within historic workings and confirm mineralisation within the western area of the tenement, where the surface is predominantly shallow alluvial transported material. Rock chip results continue to highlight the broad extent of gold mineralisation in this area. Terrain will now look at the next phase of exploration in this area, which is likely to follow up the new zones of mineralisation with drilling and a systematic air core program over the western areas. Tenement Renewal: Wild-viper E37/1214 had reached its first five-year anniversary date and due to the ongoing and systematically exploration activities conducted over the area, the tenement has recently been renewed for further 5 years. Smokebush Drilling Update: Drill samples were selectively sampled in the field by the onsite geologist. Partial results have been received back and the data has been merged with the historic drilling data set over Monza. It was decided that all outstanding samples need to be processed. These samples where submitted on the 28th of September 2020 with laboratories currently experiencing high demand and sample turnover has been slower than normal. Terrain's geologist is now back from four weeks of annual leave and is currently reviewing the combined data. 공시 • Jun 29
Terrain Minerals Limited (ASX:TMX) signed an agreement to acquire Wilson Patch Tenement P37/8521. Terrain Minerals Limited (ASX:TMX) signed an agreement to acquire Wilson Patch Tenement P37/8521 on June 29, 2020. Terrain will pay no upfront payment, as the vendors will only receive a payment from production of AUD 0.02 per tonne of ore milled. Terrain also takes over the tenement management. The vendors will maintain the prospecting rights over the top two meters. 