Apr 29, 2024 | News
An infill drone magnetic survey has been completed, improving the resolution of aerial magnetics across the Oblique prospect which was processed by Terra Resources to produce a range of raster grids that will be used to interpret stratigraphy and structures across the Oblique Prospect. Read the full announcement...
Apr 24, 2024 | News
During Q1-2024, Terra Resources (‘Terra’) completed an interpretation of geophysics (ground magnetic) data collected by the Company in 2023. Terra has identified a series of point targets across the licence area, which are interpreted to represent remnant pyrrhotite mineralisation. Of the 22 targets identified, 12 were located either within or adjacent to the MB-01 zone. Read the full announcement...
Apr 17, 2024 | News
CHD12 drill results confirmed broad copper and gold intercepts coincident with the modelled gravity and induced polarization (IP) resistivity low targets. This includes the best gold grade-thickness intercept and widest copper intercept to-date at the Cañada Honda target. The results expand the mineralization a further 80m west of hole CHD05, and provide further confirmation of the potential for the mineralization to increase to the west, following a two-kilometer long east-west gravity target. New downhole electromagnetics (DHEM) in holes CHD12 and CHD13 highlights potential continuation of the copper-gold mineralization for future testing. Read the full announcement...
Apr 15, 2024 | News
Re-processing of the 2007 Newera Uranium Ltd VTEM survey data has confirmed the presence of a palaeochannel at the Relief Well prospect with a strike length of >8km that remains open to the south. Depth-slice analysis of re-processed VTEM imagery has delineated the deepest portions of the palaeochannel that are most likely to host significant roll front-type uranium mineralisation. Read the full announcement...
Mar 26, 2024 | News
Drilling will focus on the area south-west of hole MYRC001, where computer modelling indicates that magnetite is likely to occur at shallower depths and at greater thickness. Read the full announcement...
Mar 25, 2024 | News
During Q1-2024, Terra Resources (‘Terra’) completed an interpretation of geophysics (ground magnetic) data collected by the Company in 2023. Two broadly parallel NE-SW positive magnetic trends dominate the central and northeastern part of the survey (covering Bakassi Zone 1 and Bakassi Zone 2) and represent the known shear zone. A less pronounced NE-SW magnetic trend is present in the southern half of the survey area (around Lawa West and Lawa East) with an influence of ENE-WSW positive magnetic trends. Read the full announcement...
