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[Ferro-Alloys.com]  Terra Metals confirms thick, high-grade titanium mineralisation at Dante Project

Terra Metals Limited (ASX:TM1) has reported further high-grade titanium mineralisation at its Dante Project, specifically at Reef 1 North, reinforcing the scale of its polymetallic system. The latest results from 11 reverse circulation (RC) drillholes confirm extensive titanium mineralisation from the surface, with strong concentrations of copper, platinum group metals (PGMs), and vanadium.

Key intercepts from Reef 1 North include:

• URC057: 79m at 8.8% TiO?, 0.07% PGE?, 0.13% Cu, and 0.24% V?O? from 8m, including
  • 25m at 11.0% TiO?, 0.03% PGE?, 0.20% Cu, and 0.35% V?O? from 8m
  • 5m at 19.5% TiO?, 0.7 g/t PGE?, 0.25% Cu, and 0.79% V?O? from 81m
  • 2m at 23.6% TiO?, 1.18 g/t PGE?, 0.32% Cu, and 0.92% V?O? from 83m
• URC058: 73m at 8.4% TiO?, 0.08% PGE?, 0.12% Cu, and 0.23% V?O? from 48m, including
• 5m at 19.4% TiO?, 0.83 g/t PGE?, 0.29% Cu, and 0.83% V?O? from 116m
• 3m at 21.4% TiO?, 1.00 g/t PGE?, 0.38% Cu, and 0.86% V?O? from 117m

The drilling campaign has now defined mineralisation across approximately 4.2km from surface, confirming the presence of thick titanium mineralisation in the hanging wall.

Reef 2 Drilling and Pending Assays

Terra Metals is awaiting results from 13 additional drillholes at Reef 2, targeting new mineralised zones. Managing Director and CEO Thomas Line stated:

“These extensional drilling results confirm the consistency and scale of high-grade titanium, copper, PGMs, and vanadium mineralisation from surface at Reef 1 North, as well as confirming thick titanium mineralisation throughout the hanging wall at Reef 1 North. We now eagerly await the remaining drillholes from drill testing of new zones at Reef 2.”

Cronus Deep Diamond Hole Intercepts

A deep diamond drillhole at the Cronus prospect, co-funded by the Western Australian Government’s Exploration Incentive Scheme (EIS), intercepted a 407.7m thick unit of mafic taxite and pegmatite. The drillhole revealed palladium and gold mineralisation and a titanium-vanadium bearing magnetite layer, supporting the potential for a large contact aureole with associated mineralisation.

Geological Significance and Future Exploration

The Dante Reefs are geologically analogous to South Africa’s Bushveld Complex, the world’s largest source of PGMs, vanadium, and chromite. The project is also located in the West Musgrave region, near BHP’s Nebo-Babel deposit, further reinforcing its significance as a potential large-scale critical minerals deposit.

Invitation forThe 21st China Ferro-Alloys International Conference

• [Editor:tianyawei]