Extensional drilling by Terra Metals Ltd has confirmed the presence of high-grade titanium, copper, vanadium and platinum group metals (PGM) at Reef 1 North target of the Dante Project in Western Australia.
Of particular note was the evidence of extensive, broad intersections of titanium mineralisation within the hanging wall of Reef 1 North, with mineralisation now outlined from surface over a 4.2-kilometre strike.
The assays from this round of drilling peaked at 23.6% titanium, 1.72 g/t PGM (platinum, palladium and gold), 0.38% copper and 1.08% vanadium.
Strong consistency and grades
“These extensional drilling results confirm the consistency and scale of high-grade titanium, copper, PGMs and vanadium mineralisation from surface at Reef 1 North, as well as confirming thick titanium mineralisation throughout the hanging wall at Reef 1 North,” Terra Metals managing director and CEO Thomas Line said.
“We now eagerly await the remaining drill holes from drill testing of new zones at Reef 2.”
Assays are still pending from a further 13 drill holes testing the new infill zones at Reef 2.
Additionally, Terra drilled a diamond drill hole supported by an Exploration Incentive Scheme co-funding grant to test the interpreted contact between the mineralised layers of the Cronus intrusion and the older Jameson Layered Intrusion which contains the Dante Reefs.
The drill hole revealed 407.7 metres of mafic taxite and pegmatite, unlike any rock formation seen on the project to date.
With several PGM results up to 12 metres at 0.26 g/t PGE3 from 221 metres, Terra intends to follow up with further shallow drilling to fully test the target.
Assay results
Assays of interest from the latest drilling at Reef 1 North include:
- 79 metres at 8.8% titanium from 8 metres, including 25 metres at 11% titanium and 0.2% copper from 8 metres, including 5 metres at 19.5% titanium, 0.7 g/t PGM, 0.25% copper and 0.79% vanadium from 81 metres, and 2 metres at 23.6% titanium, 1.18 g/t PGM, 0.32% copper and 0.92% vanadium from 83 metres;
- 73 metres at 8.4% titanium from 48 metres, including 5 metres at 19.4% titanium, 0.83 g/t PGM, 0.29% copper and 0.83% vanadium from 116 metres; and 3 metres at 21.4% titanium, 1 g/t PGM, 0.38% copper and 0.86% vanadium from 117 metres;
- 69 metres at 8.6% titanium from 38 metres, including 5 metres at 20.3% titanium, 0.96 g/t PGM, 0.24% copper and 0.86% vanadium from 102 metres, and 2 metres at 22.9% titanium, 1.72 g/t PGM, 0.25% copper and 1.08% vanadium from 104 metres;
- 24 metres at 10.2% titanium from surface, including 5 metres at 17.5% titanium, 0.24% copper and 0.65% vanadium from 19 metres;
- 58 metres at 8.3% titanium from 18 metres, including 5 metres at 16.5% titanium, 0.68 g/t PGM, 0.21% copper and 0.68% vanadium from 71 metres; and
- 55 metres at 8.31% titanium from 64 metres.