Rat's Rant mentioned TMX this arvo... TMX - Terrain Minerals...

Rat's Rant mentioned TMX this arvo...
TMX - Terrain Minerals Limited today closed up 22% to finish at 1.1c on $120k stock traded. There was no news out today but last Thursday they released its quarterly which highlighted the high grade assay results received throughout its Wild-viper & Smokebush projects.

During the last quarter, TMX geologists mapped and sampled the Wild-viper Gold project and found rock chip assays of 13.6 g/t Au & 7.7 g/t Au.

TMX is currently reviewing the historical data to see if there is potential for base metals including copper and rare earths at its Smokebush project which is located directly north of Tempest Minerals (TEM.asx) Orion target within its Meleya project.

Last Monday we mentioned them in our What's Doing section which you can find on the link underneath:

https://bit.ly/3jpblJf

Some details on what they do are listed below:

ABOUT TERRAIN MINERALS LIMITED

Terrain Minerals Limited is a minerals exploration company with a Western Australian based asset portfolio consisting of:

Investments: As of the date of this announcement Terrain held 2 million Red 5 Limited shares (ASX: RED) from the GW sale.

Issued at 19c - value at 28c = $560,000 AUD (and who knows where that goes -that's me)

Smokebush - WA gold exploration Project JV (80% TMX) – Terrain has identified multiple drill targets along with several other prospective areas.

Terrain executed its highly successful maiden RC drill program in August 2020, following up on historic drilling.

The second phase of drilling has extended minerals a further 400m to 700m long and a has also identified a new zone Monza Norths that appears to be on a different orientation.

Further follow up work is also required over Paradise City (100% TMX), Wildflower and Hurley prospects.

Wild-viper - WA gold exploration Project 100% owned – which incorporates the strategic land holding known as Wilson Patch (WP).

Wild-viper tenement package is strategically located and surrounds Red5 Ltd - Great Western Project (GW) as well as being adjacent to Northern Star Resources (ASX: NST) Bundarra gold deposits.

Terrain’s geologist has recently conducted several on site mapping and sampling programs, following up from new in-house interpretation.

Project Review - Terrain Minerals continues to investigate potential projects across various commodities including Gold, Copper, Nickel and other industrial minerals, lithium, REE and the platinoids groups of metals in Australia and again in other jurisdictions like Africa, Continental Europe, and the Americas.

Terrain is currently advancing conversations and investigating several opportunities offshore. The current COVID-19 travel restrictions, appear to be easing globally and foreign travel may become more readily available in the near term.