TERRAIN MINERALS LIMITED The maiden 1,000-meter RC drill program is now underway, the program may be enlarged subject to Terrain Geologist's ground interpretation and observations over the main target areas.
Targets: both T13 and Monza will be the main focus of this program, which follows up on historic drilling (refer to page two for further details).
Other Key areas at Smokbush that also requiring additional work on historic drilling include T16 & T16W. As well as the Wildflower target that recorded 15m @ 1.4g/t Gold from 10m (MM110 - RAB). Best Intersections: 2m @ 11.3g/t Gold from 70m (MMRC162 - RC), 2m @ 9.2g/t Gold from 24m (MMRC154 - RC)
These targets are currently considered to be less advanced and require further ground-based activities.
The Smokebush project is considered by Terrain to be a high-quality gold exploration tenement package. Historic drilling is considered sparse and requires follow up exploration activities to further test their significant results.
Location: The project is located approximately 85 kilometres east northeast of the Perenjori township and 65 kilometres west of Paynes Find within the Yalgoo mineral field of
Contact:
Tel: +61 8 9381 5558
Email: terrain@terrainminerals.com.au
ABOUT
Smokebush - WA gold exploration Project 100% owned - Terrain has identified multiple drill targets along with several other prospective areas that require additional work. Terrain is currently drilling its Maiden drill program at Smokebush, that follow up on a previous drill program that Terrain believes failed to comprehensibly test these targets.
Project Review -
Due to the
Disclaimer
Information included in this release constitutes forward looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as 'may', 'will', 'expect', 'intend', 'plan', 'estimate', 'anticipate', 'continue' and 'guidance' or other similar words, and may include, without limitation, statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.
Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the company's actual results, performance and achievements to differ materially from any future results, performance or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licences and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the company operates or may in the future operate environmental conditions including extreme weather conditions, staffing and litigation.
Forward looking statements are based on the company and its management's assumptions made in good faith relating to the financial, market, regulatory and other relevant environments that exist and effect the company's business operations in the future. Readers are cautioned not to place undue reliance on forward looking statements.
Forward looking statements are only current and relevant for the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the company does not undertake any obligation to publicly update or revise any of the forward-looking statements or advise of any change in events, conditions or circumstances ono which such statement is based.
(C) 2020 Electronic News Publishing, source
