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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

Independent geophysical review identifies new targets at Karouni

Troy Resources Limited (ASX: TRY) (Troy or the Company) recently engaged the services of independent geophysical and geological consultants Terra Resources Pty Ltd and Gold Vector to undertake a comprehensive geophysical review of the Company’s existing data base. The Project was initiated and coordinated by Mr John Jones, experienced prospector and Non-Executive Director of the Company.

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Drilling to commence on Gabanintha Vanadium Project

The Board of Technology Metals Australia Limited (ASX: TMT) (“Technology Metals” or the “Company”) is pleased to confirm the completion of the acquisition of The Kop Ventures Pty Ltd, and its wholly owned Gabanintha Vanadium Project, and the successful listing of the Company’s fully paid ordinary shares on the Australian Securities Exchange following the raising of $4.0 million (pre costs of the offer) from the issue of 20 million shares at $0.20 per ordinary share via an Initial Public Offer.

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Tanga Resources Singida Project

Terra is pleased to be associated with recent success targeting IP anomalies at Tanga Resources’ Singida Project. Petrophysical analysis and a 3D IP/resistivity survey confirmed the sulphide alteration associated with gold mineralisation had an IP response at the Winston Prospect.

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Miyabi Gold Project Update

Rift Valley Resources Limited (“Rift Valley” or “Company”) (ASX: RVY) is pleased to announce further encouraging assay results from the current drilling programme at its 100% owned Miyabi Gold Project in Tanzania. Initial (composite) assay results have been received from reverse circulation (RC) drilling at Miyabi.

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New Bedrock Gold Drill Target Identified at Contessa

West Australian gold explorer Lodestar Minerals Limited (ASX:LSR, “Lodestar” or “the Company”) advises that the results of the recently completed detailed aeromagnetic and Induced Polarisation (IP) geophysical surveys at the Contessa gold prospect have now been received and reviewed. Contessa is located on the Company’s 100%-owned Ned’s Creek project, located 170km north of Meekatharra, Western Australia.

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Numerous new pegmatite targets identified at Mt York Lithium Project, WA

Kairos Minerals Limited (“Kairos” or “Company” ASX: KAI) is pleased to advise that it has received the final results from a targeting exercise using recently acquired airborne geophysical data from its Mt York Lithium-Gold Project, located in the highly prospective Pilgangoora region of WA’s East Pilbara. As a result of this work, multiple pegmatite targets have been identified throughout Kairos’s tenement package, using ultra-detailed radiometric and aeromagnetic data.

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Drilling confirms extensive sulphidic corridor at Dixon – Gold assays pending

Australian Mines Limited (“Australian Mines” or “the Company”) is pleased to advise shareholders that the Company’s recently completed reverse circulation (RC) and diamond core drill program has successfully intersected a thick corridor of disseminated iron sulphides (pyrite +/- pyrrhotite) within the targeted dolerite geology at its Dixon gold prospect – part of its joint venture with Riedel Resources (ASX: RIE).

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Geophysics Generates New Pegmatite Targets at Lynas Find

Dakota Minerals Limited (“Dakota”, “DKO”, or “Company”) is pleased to announce the completion of its latest targeting exercise, using recently acquired geophysical data in the highly prospective Pilgangoora region of Western Australia. Multiple pegmatite targets have been identified throughout the Company’s tenement package, using ultra-detailed radiometric and aeromagnetic data.

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Yalgoo Gold-Base Metals District – Target-Focused Geophysical Imagery / Processing Of Newly Released High-Resolution Airborne Datasets

– An emerging high-profile mineral district; New gold production commencing from Deflector gold-copper deposit
– Base metals high-grade prospectivity as evidenced by the world-class VMS deposit at Golden Grove
– Polymetallic mineral prospectivity includes uranium (palaeochannel and calcrete), vanadium iron ore and lithium
Please view the full poster…

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IP Survey Expands Gold Prospectivity At Dixon, Doolgunna – Marymia Project

Australian Mines Limited (“Australian Mines” or “the Company”) is pleased to advise that a detailed Induced Polarisation (IP) geophysical survey completed over the Dixon prospect, part of its joint venture with Riedel Resources Limited (ASX: RIE), has detected a significant chargeability anomaly coincident with the high-grade gold mineralisation intersected during the Company’s most recent drilling program Please view the full announcement... read more