TM1 2.56% 4.0¢ terra metals limited

Historical data and research that may have a material effect on...

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  1. 2ic
    5,923 Posts.
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    Historical data and research that may have a material effect on the value of Dante "PGE-Au Reef targets" (Dante Reefs).

    In 2007-2008 on EL 69/2032 (now EL 69/3401) "Polaris undertook desktop studies and the potential for titaniferous magnetite ore and associated copper vanadium mineralisation was recognized... in 2009 Traka entered into an option agreement to acquire a 90% interest in EL69/2032 from Polaris". So begins the 2015 relinquishment report for EL 69/2032 (now EL 69/3401), from which all the Traka exploration including drilling is located in the mines dept. Is there any argument that whoever pegged that relinquished tenement, and everyone involved with it since, promptly studied the relinquishment report to see what had been done the last 8 years?

    No, didn't think so. These are the tenements Traka hadn;t yet relinquished at the time of 2032's relinquishment report, they worked the whole Musgraves pretty much by the looks. They called 2032 the "Jameson" project, but with a new owner came a shiny new name, "Dante". Pictures tell a thousand words, below sum up Traka's findings
    https://hotcopper.com.au/data/attachments/6294/6294798-9f7d75fedeaa2ababefb09a04a6d5cf2.jpg

    https://hotcopper.com.au/data/attachments/6294/6294801-e69531ed7e0700bd21cb24903f223f5d.jpg

    https://hotcopper.com.au/data/attachments/6294/6294804-d24a16b7261d1b56b594e1c21305705f.jpg
    https://hotcopper.com.au/data/attachments/6294/6294810-77768e366a4be003132e8f68305a6733.jpg

    https://hotcopper.com.au/data/attachments/6294/6294813-ad5b20b83ef4f521926be9cb7be4aa76.jpg

    In relation to the important EIS Co-Funded hole TMD002, Traka confirmed the presence and continuity of Fe-Ti-V-PGE+ and Cu associated with the very substantial strike and down dip extension of the TMR (magnetities) with the regional scale Jameson Range Intrusion... The market is yet to be told that TMD002 exists or it's importance for early recognition of the extent and Cu-mineralisation style of magnetitie reefs at Dante... (Note, Traka highlighted the "massive TMR" drill assays in bright yellow above, to emphasise the difference in grade from the disseminated drill assays, enriched in Cu and PGE well above the disseminated magnetites).

    https://hotcopper.com.au/data/attachments/6294/6294820-824801a25a8b7a869da268c1c33f186c.jpg
 
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