The company’s three targets in the southwestern section comprise Cota (T16West), T16 and Wildflower and all sit within about 3.2km of each other.
Along with the Monza and Lightning prospects to the north at the project, the targets all combine under the newly designated Wildflower gold project.
Terrain’s Larin’s Lane gallium project sits on the eastern portion of its Smokebush license ground.
Management says its first round of air core drilling at Cota discovered what it interprets as supergene mineralisation, with the 9m, 1.17g/t gold hit from 30m also including a 3m slice at a higher grade 2.61g/t gold from 33m.
The drilling also unearthed additional gold anomalism with an 18m stretch returning 0.14g/t from 42m.
The company is pursuing three historical gold and arsenic anomalies that were identified within Wildflower back in 1983.
The anomalies were untested until the September air core drilling campaign when it intercepted the Cota gold mineralisation when testing one of the anomalous zones.
Management believes the best result at Cota is significant and may relate to a shallow supergene oxide zone on top of a possible gold-hosting, north-east trending shear.
It says and the supergene intercept may suggest a nearby primary gold source.
The Wildflower target also shows considerable soil gold anomalism from historic sampling, with some results of more than 100 parts per billion.
An historic rotary air blast hole put down into the centre of the anomalism jagged an impressive 15m grading 1.49g/t gold from a depth of 10m.
A further six holes planned for Monza and Lightning may prove interesting too due to previous results from maiden drilling that show encouraging signs of worthwhile gold mineralisation there.
Monza produced 4m going 4.46g/t gold from 51m and 7m at 2.72g/t from 25m, while Lightning returned a 2m hit going 6.22g/t gold from 61m and a 1m slice at 5.94g/t gold from 82m.
The Wildflower project is surrounded by major projects including Warriedar, Rothsay and the Scuddles-Golden Grove gold-silver-base metals project.
Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au