Terra Metals Confirms High-Grade Polymetallic Potential at Dante

 

Terra Metals Limited (ASX: TM1) has announced a major breakthrough at its Dante Project in Western Australia. The latest drilling program at Reef 1 North has significantly extended the mineralised strike by an additional 1.2km, bringing the total length to approximately 4.2km.

Managing Director and CEO Mr. Thomas Line commented, "These results reinforce the scale and high-grade potential of Reef 1 North. The extension of the strike by another 1.2km while consistently intersecting high-grade titanium, copper, PGMs, and vanadium highlights the immense polymetallic opportunity at Dante."

Key Highlights from the Drilling Program

  • A confirmed 4.2km-long high-grade polymetallic system at Reef 1 North.
  • High concentrations of titanium, copper, platinum group metals (PGMs), and vanadium intersected across the full strike.
  • Mineralisation remains open along strike and at depth, indicating further growth potential.
  • Assays from 24 additional drillholes are pending.

Drilling Results Confirm Significant High-Grade Mineralisation

Recent results from nine reverse circulation (RC) drillholes have returned multiple high-grade intercepts, demonstrating the strong polymetallic nature of the deposit.

These results suggest the potential for a large-scale, high-grade polymetallic deposit at Dante, underscoring its economic viability.

Geological Significance of the Dante Project

The Dante Project is hosted within the Jameson Layered Intrusion, a large mafic intrusion geologically similar to South Africa’s Bushveld Complex. The Bushveld Complex is the world’s largest source of PGMs, vanadium, and chromite, with over a century of production.

 


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