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TERRAIN MINERALS LIMITED - ASX: TMX
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Description
Terrain Minerals Ltd (“TMX”) is a West Australian based minerals exploration company focussed on the world class mineral province, the Eastern Goldfields of Western Australia.
TMX currently holds three projects:
Bundarra Project – located 70kms north of Leonora, includes a number of gold deposits with resources totalling 4.96mt @ 2.0 g/t gold (321,000 oz), plus a number of other attractive drill targets. Mining studies have been undertaken on a number of the deposits and additional mining studies are currently in progress. At the Celtic Pit short term open pit mining is underway and will be completed in early 2011.
Dodgers Well Project – located 30 kms north of Leonora includes a number of historical workings. Rock chip sampling has revealed high grade values up to 210 g/t gold and recent drilling intercepts include 9m @17.04 g/t gold.
East Kambalda Project – Located 20 kms north east of Kambalda included 2 prospects, the Coogee gold deposit and the Aztec Dome nickel prospect. The gold deposit has been sold for cash and script totalling A$1.17m. The Aztec Dome nickel displays strong similarities to the Kambalda Dome nickel camp.
Mine For
gold, nickel
Location of operation(s)
Western Australia
Address
Level 1, 230 Rokeby Rd
SUBIACO, WA, AUSTRALIA
Phone
(61 8) 9381 5558
Website
http://www.terrainminerals.com.au
Last Updated
27/01/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
