Terra Metals Reported High-Grade Metals Results From Drilling Results at Western Australia Project, Shares Rise 14%

MT Newswires Live

02-19

Terra Metals (ASX:TM1) said drill results defined high-grade titanium in addition to high concentrations of copper, platinum group metals, and vanadium over the full strike at its Dante copper-platinum group elements-gold-nickel project in Western Australia, according to a Wednesday Australian bourse filing.

The results were from nine reverse circulation drill holes at Reef 1 North within the project, the filing said.

More assays are pending from an additional 24 drill holes, including 11 drill holes at Reef 1, targeting further shallow high-grade mineralization.

The firm's shares rose 14% on market close on Wednesday.

Price (AUD): $0.03, Change: $+0.0040, Percent Change: +14.29%

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