May 17, 2023 | News
Drilling of two holes (IQDD001 and IQDD003) successfully intersected the ‘feeder structure’ in the basement. The 3D inversion of gravity data and QA/QC of the IP data was completed by Terra Resources. Read the full announcement...
May 15, 2023 | News
Megado recently engaged independent geological remote sensing consulting group, Geosense, to conduct a detailed interpretation of high-resolution satellite imagery over its Cyclone Lithium Project. A number of the pegmatites interpreted by Geosense overlap with the spectral targets previously identified by Terra Resources, thus providing high level of confidence that there are lithium bearing pegmatites in the project area. Read the full announcement...
Apr 17, 2023 | News
Terra Resources was engaged by Megado to conduct a detailed interpretation of hyperspectral imagery targeting lithium bearing pegmatite within the project area. Terra has a track record of successfully identifying lithium occurrences from remote sensing datasets, particularly in the James Bay Region. The interpretation by Terra relied on Aster and Sentinel-2 satellite imagery, in conjunction with proprietary algorithms that target lithium bearing pegmatites. Read the full announcement...
Apr 5, 2023 | News
The Company completed a ~16km2 ground magnetics survey across the Project with the objective of increasing the resolution of the geophysical data, defining high priority drill targets and interpretation of the VTM horizon. The data collected by Planetary Geophysics has been received and the Company has engaged Terra Resources geophysical consultants to assist in processing and evaluating the data. Initial processing has been completed and some significant observations have been made, further increasing the priority of targets ahead of drilling planned for later in the June quarter. Read the full announcement...
Mar 27, 2023 | News
Multispectral analysis utilising known lithium signatures at the large-scale Trieste Lithium Project, James Bay, Canada has yielded multiple high value targets ahead of Loyal Lithium’s Canadian summer field program. Loyal Lithium engaged Terra Resources Ltd in February 2023 to conduct more complex derivations of the satellite imagery to assist in refining targets for the inaugural exploration campaign (LLI News Release dated January 10, 2023). Based on results the spectral imagery appears to correlate with mapped pegmatite dykes. And Terra Resources Ltd’s more complex processing of Aster and Sentinel satellite data produced lithium band combinations that require ground truthing, with a number of targets identified that have similar shapes, colours and textures to the Adina Lithium Deposit, 14km to the west of Trieste. Read the full announcement...
Mar 20, 2023 | News
A 19.2km Magnetotelluric Survey (MT) completed across 5 traverses, with three traverses across Target 2 implying a 3.6km2 sedimentary basin (highly conductive <3 ohm.m) on the 100% owned Scotty Lithium Project. Read the full announcement...
