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...
Dec 14, 2023 | News
Brightstar commissioned Terra Resources to analyse a remote sensing dataset and perform a hard-rock lithium pegmatite targeting exercise over the tenement package as part of a holistic targeting campaign. In total, 162 features within Brightstar tenure were identified in the target generation exercise. Rock chip assays received from first pass field mapping indicate a fertile LCT-type pegmatite with significant anomalies in key indicators including Cs, Rb, Ta and Li. Read the full announcement...
Dec 7, 2023 | News
The Company has commissioned Terra Resources to trial new modelling techniques (2.5D inversion software) to extract additional information from historical VTEM surveys. The outputs have confirmed electromagnetic responses from known target areas such as Veri Veri and have revealed new targets. Of particular interest is an EM conductivity high SSW of the established Veri Veri nickel sulphide outcrops, which represents a new priority area for follow up. Read the full announcement...
Nov 30, 2023 | News
Magnetic inversion modelling by Terra Resources outlined a coherent and substantial magnetic anomaly (~700m in strike), which plunges gently to the south and is closely related to the discovery hole HWAC1472. Read the full announcement...
