Ground Geophysics And Mapping Refines Matrix
Terrain Minerals Limited (ASX: TMX) has refined its forward drilling programme following an analysis of the results from the ground-based geophysics programme conducted in December 2020 over the Smokebush gold project in Western Australia.
The geophysics concentrated on three key areas; Monza, Wildflower and Paradise City. All data has been merged with the existing data to create an advanced data base for precise drill targeting.
The study also consisted of a very detailed mapping programme which extended beyond the key areas. This has identified several new areas that now require further investigation. One of these new areas is situated along the newly identified Monza corridor.
The survey covered:
- Monza (TMX earn in 80%) 700 by 1000m area was covered by 50m spaced north- south ground magnetic lines. The information will assist with preparation for drilling which will be targeting depth and strike extents, as well as testing new areas along the ~800m plus strike.
- Wildflower(TMX earn in 80%) 650 by 1000m area was covered by 50m spaced north- south ground magnetic lines. This prospect requires further investigation to understand structural controls on gold mineralisation due to transported cover, an air core programme is currently being designed.
- Paradise City(100% TMX) 600 by 1200m area was covered 50m spaced east-west ground magnetic lines. Planning is now underway for the maiden drill program which follows up on an exceptional historic first pass RC programme. This target shares similarities to Monza prior to Terrain’s successful maiden drilling programme. The structure appears to head north towards other known mineralisation some ~3km to the north.
Preparation for drilling is underway which is following on from the highly successful maiden drill programme at Monza Gold prospect conducted in August 2020.
Terrain has submitted programme of works (POW) applications to the Department of Mines to conduct maiden drilling at Wildflower and Paradise City. The market will be updated regarding the progress of permitting and plans for drilling.
