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Latest News From Terra Resources

Below you will find up-to-date news from the Terra Resources team along with articles of interest

Pursuit Acquires Yilgarn Warrior PGE-Ni-Cu Project

Pursuit is currently undertaking interpretation of the available geophysical exploration data to define corridors prospective to host mafic-ultramafic rock units. These will be further investigated with electromagnetic surveys and geochemical sampling in order to define and prioritise drill targets. Electromagnetic and geochemical surveys have proven to be particularly useful on Chalice’s Julimar Project to locate PGE-Nickel-Copper mineralisation.

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Targeting Program Across Arrow Identifies Several Intrusions in the Folded Malina Formation Analogous to Hemi

The targets generated by Terra Resources provide further support of the Company’s belief that the Arrow project has the potential to host significant mineralisation. The targets identified in the exercise have compelling similarities to those of the Hemi deposit in particular, their geological and structural setting, where the mineralisation at Hemi is associated with intrusions within the fold axis and in association with the Berghaus fault.

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Gold Targets Identified – Havieron / Telfer Project

Modelling of the available Government magnetics by independent geophysics consultants, Terra Resources, shows several north plunging magnetic bodies of equivalent susceptibility (possibly pyrrhotite alteration) to those evident at both the Havieron discovery and Rio Tinto’s Winu discovery in the Patersons Range area.

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New Diamond Drill Target at Lantern Prospect

Galileo Mining Ltd (ASX: GAL, “Galileo” or the “Company”) is pleased to announce initial results from fixed loop EM surveying has revealed a conductive target 1.5km along strike from disseminated sulphides intersected at the Lantern South prospect in the Fraser Range region of Western Australia.

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Mallina Drilling to Commence

DGO engaged Terra Resources Pty Ltd to review open file data to determine the geophysical signature of De Grey Mining Ltd’s (De Grey) recent Hemi discovery and identify similar targets within DGO’s land holding. Terra’s analysis has identified discrete magnetic features associated with known mineralisation at Hemi.

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