Terra Metals LimitedASX: TM1

Southwest delivers high-grade PGM mineralisation from surfac

· Issued by Terra Metals Limited via ASX

Filed with ASX · · 32 pages · English

Summary by 6ix AI

Terra Metals Limited has announced significant high-grade PGM mineralisation results from shallow drilling at the Southwest project, indicating robust mineralisation from surface. The drilling results include multiple thick intersections of PGM-Cu-Ni mineralisation, confirming the continuity of high-grade reefs at depth. The company is targeting a maiden Mineral Resource Estimate for early next year, supported by ongoing metallurgical testwork and resource definition drilling. These developments suggest strong potential for low-strip open cut mining and resource expansion at the Southwest site.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Release

ASX Announcement | 14 October 2026 SOUTHWEST DELIVERS HIGH-GRADE PGM MINERALISATION FROM SURFACE Highlights ? Shallow RC drilling targeting extensions of shallow mineralisation have intersected thick PGM–Cu–Ni mineralisation from surface. Highlights include: ? 194m at 1.01g/t 3E & 0.17% Ni...

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