Terra Metals Bridges Dante Gap with Shallow, High-Grade Polymetallic Discoveries

Highlights

• Infill drilling confirms extensive polymetallic mineralization, reinforcing resource expansion prospects.

• Drilling efforts bridge a significant gap, demonstrating mineral continuity along the reef.

• Metallurgical testing results indicate favorable recovery rates for economic processing.

Recent exploration efforts at Terra Metals' (ASX:TM1) Dante project in Western Australia have revealed substantial polymetallic mineralization across key drilling zones. The findings indicate a well-defined mineralized system that extends throughout the region, supporting further resource assessment initiatives.

The drilling campaign has identified significant mineral continuity along Reef 2 North, enhancing the geological understanding of the deposit. These outcomes suggest that the project holds economically viable mineral concentrations that could support long-term extraction activities.

Key Drilling Results

Recent drill programs have uncovered mineral-rich zones with high concentrations of titanium dioxide, copper equivalent, and vanadium pentoxide. Some of the notable results include:

• A mineralized zone commencing from a shallow depth, characterized by elevated titanium dioxide, copper equivalent, and vanadium pentoxide levels.

• Another drill hole encountering titanium dioxide and associated minerals from the surface, reinforcing the presence of near-surface mineralization.

• A deeper drill interval confirming mineral continuity across a broad mineralized section.

These results reinforce the geological model of the deposit and highlight the structural consistency of the mineralization.

Metallurgical Developments and Processing Viability

Metallurgical testing has produced multiple mineral concentrates, including copper-gold-PGM, vanadium-magnetite, and titanium-ilmenite. These materials have demonstrated favorable recovery rates through efficient processing methods. The testing results indicate that extraction and processing techniques can be applied effectively to recover valuable minerals while maintaining operational efficiency.

The ability to generate high-recovery concentrates contributes to the broader assessment of resource feasibility and strengthens the outlook for sustained mineral extraction operations. Ongoing studies aim to refine processing methodologies to maximize recovery while minimizing operational costs.

Expansion of Drilling and Resource Assessment

Drilling efforts have successfully connected previously untested sections within the project area, confirming the mineralization's continuity across a substantial distance. This development enhances geological confidence in the deposit and provides critical insights into the scale of the mineralized system.

The Dante project, situated in the West Musgrave region, features extensive outcropping layers of mineralized material. These formations host a mix of copper, gold, titanium, platinum-group elements, and vanadium, presenting a diverse mineral composition.

With further drilling and resource modeling underway, geological assessments continue to refine the project's scope. The ongoing work aims to define the extent of mineralization and establish a comprehensive understanding of the resource base.

Geological Context and Future Prospects

The mineralization at Dante exhibits characteristics consistent with large-scale layered intrusions. The geological setting supports the presence of multiple valuable metals within well-defined mineralized zones.

Exploration activities remain focused on delineating the mineralized system and optimizing resource estimation processes. Advancements in geological modeling and metallurgical analysis are expected to provide deeper insights into the deposit's composition and extraction possibilities.

Further updates on the Dante project will be guided by continued drilling, metallurgical testing, and resource evaluation efforts. A geological cross-section and drill results are available to illustrate the distribution of mineralization across Reef 2 North, providing a detailed view of the ongoing exploration efforts.