Terra Metals strikes high-grade silver and tungsten at Onslow project

Small Caps06-11

Partial assay results from a maiden diamond core drilling campaign at the Onslow project in Western Australia have returned high-grade silver and tungsten for critical minerals junior Terra Metals (...

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class=\"title\">\nTerra Metals strikes high-grade silver and tungsten at Onslow project\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-11 09:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://smallcaps.com.au/terra-metals-strikes-high-grade-silver-tungsten-onslow/><strong>Small Caps</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Partial assay results from a maiden diamond core drilling campaign at the Onslow project in Western Australia have returned high-grade silver and tungsten for critical minerals junior Terra Metals (...</p>\n\n<a href=\"https://smallcaps.com.au/terra-metals-strikes-high-grade-silver-tungsten-onslow/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","start_time":0,"source_url":"https://smallcaps.com.au/terra-metals-strikes-high-grade-silver-tungsten-onslow/","article_id":"2442399335","we_media_id":null,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2024/06/Terra-Metals-ASX-TM1-Onslow-maiden-drill-program.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2442399335","pubTimestamp":1718068208,"sourceInfo":{"source_id":"smallcap_stock","name":"Small Caps"},"weMediaInfo":null,"summary":"Partial assay results from a maiden diamond core drilling campaign at the Onslow project in Western Australia have returned high-grade silver and tungsten for critical minerals junior Terra Metals .The company intercepted a geological zone that assayed 6 metres at 179 grams per tonne of silver from 160m, with a high-grade zone of 1m at 1060g/t silver, 0.23% copper and 0.99% tungsten.It sits within an interpreted high-sulphidation epithermal alteration zone extending from approximately 158m to 184m.Epithermal alteration is commonly associated with high-grade silver mineralisation and could potentially be linked to a deeper mineralised porphyry source.A zone from 134m to 158m sits immediately above the high-grade silver result and was logged to have zones of disseminated, vein, foliation and fracture-controlled sulphides.Summit said the mineralisation style was “unexpected” as the target was originally iron-oxide-copper-gold  mineralisation.It is planning petrology work to further charac","collect":0,"end_time":0,"defaultTopTitle":"smallcaps.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4539":"次新股","BK4076":"电脑与电子产品零售","BK7104":"黄金","EM":"怪兽充电","BK4505":"高瓴资本持仓","TM1.AU":"Terra Metals Limited"},"translate_title":"Terra Metals在Onslow项目开采高品位银和钨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EM":1,"TM1.AU":1},"content_text":"Partial assay results from a maiden diamond core drilling campaign at the Onslow project in Western Australia have returned high-grade silver and tungsten for critical minerals junior Terra Metals (ASX: TM1).\nThe company intercepted a geological zone that assayed 6 metres at 179 grams per tonne of silver from 160m, with a high-grade zone of 1m at 1060g/t silver, 0.23% copper and 0.99% tungsten.\nIt sits within an interpreted high-sulphidation epithermal alteration zone extending from approximately 158m to 184m.\nDeeper potential source\nEpithermal alteration is commonly associated with high-grade silver mineralisation and could potentially be linked to a deeper mineralised porphyry source.\nA zone from 134m to 158m sits immediately above the high-grade silver result and was logged to have zones of disseminated, vein, foliation and fracture-controlled sulphides.\nSummit said the mineralisation style was “unexpected” as the target was originally iron-oxide-copper-gold (IOCG) mineralisation.\nIt is planning petrology work to further characterise the geological zone and mineral deportment.\nUntested anomaly\nThe new zone sits on the edge of an untested electromagnetic (EM) anomaly defined during an airborne survey conducted by Terra in 2022.\nThe anomaly sits to the south-east of the interpreted high-sulphidation epithermal silver mineralisation.\nIt is characterised as being a conductive body measuring approximately 600m long and 120m thick and will be re-analysed following results from the diamond program.\nSummit will also review the core to confirm if silver-sulphide minerals, including argentite and acanthite (both of which are associated with epithermal systems), are also present.\nMaiden result\nChief executive officer Thomas Line was pleased with the maiden results.\n“Intercepting high-grade silver mineralisation is a great result for first-pass reconnaissance drilling in a frontier province,” he said.\n“We are now reviewing available datasets to determine a model for high-sulphidation epithermal silver mineralisation and the possibility of a porphyry source.”\nDante drilling\nEarlier this month, Terra completed a 60-hole maiden reverse circulation campaign for a total of 10,220m across four targets at the flagship Dante copper-gold-platinum group element (PGE) project in WA.\nDrill results from the first three holes (of a total of 13) at the Crius Reef prospect confirmed the presence of high-grade magmatic sulphides including copper, gold and PGE.\nThe best results were 5m at 0.56% copper, 0.53g/t PGE3, 0.61% vanadium oxide and 18.5% titanium dioxide from 80m, including 2m at 0.83% copper, 0.52% vanadium oxide and 16.6% titanium dioxide.\nNew reefs\nResults from the first five holes at Cronus Reef confirmed the presence of extensive magmatic copper, gold and palladium sulphide mineralisation from near-surface.\nThe maiden work also included additional mapping and ground-truthing at Dante that identified the new Typhon, Helios and Pytho reefs.\nThese three new outcrops increase the total strike length of Dante reefs by 80% to 42 kilometres and are all in proximity to the existing Crius, Hyperion, Oceanus and Cronus reefs.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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