AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
Terra Uranium is advancing its dual focus across tin, gold, silver in NSW and uranium in Canada's Athabasca Basin
The company signed a binding term sheet to acquire LCT Metals and its Ottery tin project
Work continues across nine Canadian uranium projects through agreements with TSXV-listed ATHA Energy
Terra Uranium (ASX:T92), listed on both the ASX 200 and the All Ordinaries, is progressing a strategic dual-focus program involving critical and precious metals in Australia, alongside uranium exploration in Canada. As the broader ASX landscape shifts into dividends season, the company's latest quarterly activity reflects a diversified minerals approach across two continents.
Ottery Tin-Gold-Silver Revival in New South Wales
During the recent quarter, Terra Uranium entered into a binding term sheet to acquire all issued capital of LCT Metals. This acquisition includes exploration licences covering the historic Ottery tin mine in New South Wales. The Ottery site was previously recognised as a significant hard rock tin producer in the New England region.
Historical records from the area, along with results from past drilling campaigns, highlight intercepts containing notable grades of tin. A historical review also indicated mineralisation containing gold and silver, concentrated around a porphyry intrusive unit. This geologic setting is accompanied by broad alteration zones, reinforcing the asset’s relevance within Terra Uranium’s exploration strategy.
Expansion of Canadian Uranium Portfolio
Parallel to the Australian focus, Terra Uranium is actively progressing its uranium strategy across Canada’s Athabasca region, a globally recognised hub for high-grade uranium. The company has established a portfolio of nine projects encompassing a substantial landholding. These projects were developed under option agreements with TSXV-listed ATHA Energy.
Initial work programs across these Canadian tenements were carried out during the past quarter, with a focus on geophysical and surface exploration. The program aims to identify high-priority zones for subsequent drilling activities. Terra Uranium’s engagement in the Athabasca region underscores its interest in the uranium segment amid growing global demand.
Strategic Positioning Across Commodities
By advancing both the Ottery tin-gold-silver project and its uranium tenements in North America, Terra Uranium (ASX:T92) has aligned its operational scope with a range of key mineral segments. Tin and precious metals continue to attract exploration interest within Australia, while uranium retains global relevance due to its role in clean energy development.
This dual-track strategy adds breadth to Terra’s presence across different mineral types and jurisdictions. Additionally, its activities coincide with the broader ASX dividends season, placing focus on exploration-stage companies within evolving commodity markets.
Project Development and Market Alignment
Ongoing assessment of historical data at Ottery, alongside active fieldwork in Canada, forms the current foundation of Terra Uranium’s approach. These efforts are aimed at building a pipeline of projects that can be progressively developed in alignment with long-term mineral trends.
The company’s footprint in both the New England region and the Athabasca Basin positions it across key mineral belts, enabling a diversified resource development model. Terra Uranium’s ongoing exploration efforts continue to build on its core asset base as sector-wide activities increase across the ASX-listed resource space.
