Terra Metals Ltd has unearthed high-grade titanium mineralisation from surface at the Dante Project in the West Musgrave region of Western Australia, with additional concentrations of copper, platinum group metals and vanadium over a 2.5-kilometre-long strike.
The company says its results highlight the presence of consistent, shallow mineralisation with potential for a large-scale, high-grade polymetallic deposit from surface.
Assays are still pending for a further 33 drill holes targeted at more shallow, high-grade mineralisation, with grades up to 21.3% titanium, 1 g/t platinum group elements (PGE), 0.36% copper and 0.93% vanadium.
Critical and precious metal potential
"Drill results from our second program at Reef 1 North continue to confirm the scale, grade and continuity of mineralisation from surface over a 2.5-kilometre strike,” Terra Metals managing director CEO Thomas Line.
“The latest assays highlight the project's potential as a significant multi-commodity discovery, with high-grade titanium together with copper, gold, platinum group metals and vanadium within the same mineralised system, over a large scale.
“This unique combination of critical and precious metals positions Dante Reefs as a strategically significant asset within Australia's resource sector.
"While titanium continues to generate strong market interest, the full value of the Dante Reefs lies in its rich polymetallic metal assemblage.
“The presence of high concentrations of copper, gold, PGMs and vanadium alongside the titanium provides multiple potential products, enhancing the project's long-term potential.”
Select results from Reef 1 drilling:
- 9 metres at 18.6% titanium, 0.58 g/t PGE, 0.16% copper, 0.70% vanadium from surface;
- 10 metres at 18.0% titanium, 0.52 g/t PGE, 0.13% copper, 0.65% vanadium from surface;
- 6 metres at 18.9% titanium, 0.26 g/t PGE, 0.14% copper, 0.64% vanadium from surface;
- 9 metres at 15.8% titanium, 0.59 g/t PGE, 0.12% copper, 0.65% vanadium from surface;
- 6 metres at 19.2% titanium, 0.80 g/t PGE, 0.10% copper, 0.92% vanadium from 5 metres;
- 7 metres at 18.3% titanium, 0.48 g/t PGE, 0.19% copper, 0.67% vanadium from 3 metres;
- 4 metres at 19.2% titanium, 0.62 g/t PGE, 0.22% copper, 0.73% vanadium from 4 metres;
- 4 metres at 21.3% titanium, 0.49 g/t PGE, 0.13% copper, 0.93% vanadium from 20 metres;
- 5 metres at 18.5% titanium, 0.84 g/t PGE, 0.13% copper, 0.90% vanadium from 21 metres;
- 5 metres at 19.0% titanium, 0.72 g/t PGE, 0.25% copper, 0.77% vanadium from 24 metres;
- 4 metres at 17.2% titanium, 1.02 g/t PGE, 0.20% copper, 0.76% vanadium from 29 metres;
- 4 metres at 18.6% titanium, 0.63 g/t PGE, 0.36% copper, 0.63% vanadium from 46 metres;
- 6 metres at 16.8% titanium, 0.56 g/t PGE, 0.22% copper, 0.66% vanadium from 46 metres; and,
- 5 metres at 17.3% titanium, 0.77 g/t PGE, 0.27% copper, 0.65% vanadium from 79 metres.