Welcome to Terrain Minerals
Terrain Minerals Ltd (“Company”) is a dedicated gold explorer focussed on the Eastern Goldfields of Western Australia.
The Company listed on the ASX on 28 March 2006 following the raising of $5m. An additional $4.4m was raised through a placement and a rights issue in August 2007.
The Company currently holds four projects:
Bundarra located 70kms north of Leonora, includes a resource of 3mt @ 2.0g/t gold (195,000 oz) together with a number of other attractive targets
East Kambalda located 20kms east of Kambalda, includes a resource of 277,500t @ 3.9g/t gold (35,000 oz), plus a number of other gold and nickel targets.
Redcastle located 50kms east of Leonora, includes extensive historic workings associated with a large, mineralised, but untested shear zone.
Euro located 10kms south of Laverton, includes a large untested RAB anomaly coincident with a favourable geological position.
Terrain’s current exploration activities include:
Bundarra
A combined RC/DDH drilling program totalling more than 16,000 metres, was completed in April 2008. An increased resource estimate will be available in the September 2008 Quarter.
East Kambalda
A detailed gravity survey is being undertaken in June 2008 over the Aztec Dome. Existing data indicates the Dome is an analogue of the Kambalda Dome.
Redcastle
A RAB drilling programme is planned for July 2008 to follow up some encouraging intercepts received in 2007.
Euro
The Mining Lease was granted in October 2007. A geological mapping and sampling program will be undertaken in the second half of 2008 ahead of an RC drilling program.
The main focus of activity in the first half of 2008 has been on the Bundarra project.