Drilling results from the Dante Project in Western Australia is providing Terra Metals (ASX:TM1) confidence in the scale and grade of the project’s system.
As part of a reverse circulation drilling program at the Reef 2 prospect within Dante, results confirmed wide zones of hanging wall mineralisation and “high-grade” reef from surface.
The wide mineralised zones from surface, as well as metal recoveries and concentrate grades achieved in the phase one metallurgical testwork suggest the potential for increased resource tonnage, supporting potential for a low-strip ratio, open-cut mining scenario.
As such, metallurgical optimisation testwork and a maiden resource estimate is underway and expected to be completed using existing sample inventory and drill data.
CEO Thomas Line says these latest results confirm the continuity of wide zones of hanging wall mineralisation and reef mineralisation from surface at Reef 2.
“The excellent metal recoveries and concentrate grades achieved in the Dante Reefs phase one metallurgical work highlighted the economic potential of the hanging wall mineralisation, indicating potential for a larger tonnage and lower strip ratio resource,” Line says.
The Dante Project, located in the West Musgrave region, contains extensive outcropping copper-gold-titanium-platinum group elements-vanadium mineralised layers which are similar to coal seams.
Terra Metals is junior mineral explorer focused on its diversified project portfolio in Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Terra Metals
