The option agreement, which was announced on the
The Board is pleased with the outcome and funds will be used to advance works at both Wild-viper and Smokebush Gold project here in WA as well as being used for new project generation.
The three key target areas have been identified from past studies and field obviations conducted during the last two work programs (drilling and trenching program's) at Wild-viper. The soil sample program will be taken over grid lines of 200m by 50m over each area and subject to the geologist discretion according to local ground conditions. The aim of the program is to identify possible in-soil gold anomalies, what highlight potential drill targets. If successful Terrain intends to fast track the works over these targets, with an aim of conducting a first pass drill campaign later this year (Refer to Diagrams 1).
Smokebush Exceptional Historic Drilling Results Identified During Project Due Diligence
The data review has identified extensive untested surface gold geochemical anomalies as well as highlighting significant RC and RAB gold drilling intersections from sparse first pass drilling.
The best historical results include: Monza: 2m @ 11.3g/t Au from 70m (MMRC162 - RC) 2m @ 9.2g/t Au from 24m (MMRC154 - RC)
Hurley & T17: 10m @ 1.4g/t Au from 15m (MM084 - RAB) 2m @ 2.5g/t Au from 51m (MMRC074 - RC)
Wildflower: 15m @ 1.4g/t Au from 10m (MM110 - RAB)
The historic drilling is considered sparse and requires follow up exploration activities to property test these significant results. Terrain is now planning a site visit to gain a better understanding of the possible controls of mineralisation before designing the next stage of exploration activities.
Location & Access
The Smokebush Project Area is located approximately 85 kilometres east northeast of the Perenjori township and 65 kilometres west of Paynes Find within the Yalgoo Mineral Field. The project is contained within four contiguous Prospecting Licenses (P59/2125, P59/2126, P59/2127 & P59/2128) and one Exploration Licence (E59/2234) enclosing a total area of approximately 1,254 hectares .
Contact:
Tel: +61 8 9381 5558
ABOUT
Great Western - Option Agreement executed with
Wild-Viper Exploration continues to increase Terrain knowledge of this highly prospective gold exploration property. Terrain will shortly commence a large soil sampling program over three key areas with the aim of identifying further drill targets, if successful Terrain intends to drill test them later this year.
Project Review:
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