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%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.