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Posted: 2024-11-12 05:38:49

Additionally, a single historic drillhole plugged right into the centre zone of the anomalism nailed 15m grading 1.49g/t gold from just 10m.

Despite about 63 air-core holes being put into this zone, Terrain did not report any significant drill results from the target, although the intensity of the Wildflower soil anomaly and the solid old drill hit suggests the work requires reappraisal.

This might include a review of drilling depths and/or direction, regolith, re-examination of old results and if possible, re-assaying of old sample pulps if available to be accompanied by local structural mapping, with aeromagnetic data if possible.

Terrain says its best hit from Cotta is significant and may relate to a shallow supergene oxide zone on top of a possible gold-hosting, north-east trending shear and that the inferred supergene result could suggest a nearby primary gold source.

Terrain’s Smokebush project is surrounded by historic major projects. The Yalgoo and Payne’s Find greenstone belts include the historic Warriedar, Rothsay and Scuddles- Golden Grove silver-gold and base metals mining areas all of which lie within 100km of Terrain’s ground and comprise a solid exploration address.

The company is continuing to review the results of its recent program and their significance with further follow up work in mind – including mapping.

Terrain’s future work is likely to include reverse-circulation drilling to dig a bit deeper into the story and the widespread historic anomalism. Its own recent gold hits say there is almost certainly a bigger tale to be told here.

Is your ASX-listed company doing something interesting? Contact: mattbirney@bullsnbears.com.au

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