High-Grade Antimony at Mole River Raises Stakes for Terra’s Exploration Plans

Terra Critical Minerals has identified multiple new high-grade antimony targets at its Mole River project in NSW, with samples reaching up to 1,765 g/t Sb. This discovery builds on extensive historical data and positions the company well within a critical minerals hotspot.

  • New high-grade antimony targets identified at Mole River project
  • Samples include exceptionally high grades up to 1,765 g/t Sb
  • Project area adjacent to Rapid Critical Metals and First Tin projects
  • Polymetallic vein mineralization linked to Mole Granite intrusion
  • Comprehensive review of historical data supports exploration plans
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A Significant Step Forward in Antimony Exploration

Terra Critical Minerals Limited (ASX – T92) has announced a promising development at its 100% owned Mole River project in New South Wales, revealing new high-grade antimony exploration targets. The company reported multiple surface samples with antimony concentrations exceeding 500 grams per tonne (g/t), including standout results of 1,765 g/t Sb, 1,010 g/t Sb, and 1,000 g/t Sb. These findings underscore the potential of the Mole River area as a critical minerals hub.

Strategic Location and Geological Context

The Mole River project is strategically located adjacent to other significant critical metals projects operated by Rapid Critical Metals and First Tin (Taronga), all clustered around the Mole Granite geological unit. This granite intrusion is known to be associated with polymetallic vein mineralization, which is evident in the high-grade antimony veins identified at Terra’s Mosman and Spring Road prospects. The geological setting, part of the New England Fold Belt, shares similarities with nearby deposits such as the Taronga Tin and Cox’s Silver mines, suggesting a fertile environment for further discoveries.

Building on a Rich History of Exploration

Terra’s announcement draws on an extensive review of historical exploration data spanning over four decades, including rock chip sampling and geochemical surveys conducted by previous operators like Kennecott Exploration and Silver Mines Limited. The company has compiled 662 samples classified as float or rock chip, with 36 samples exceeding 100 g/t Sb. This comprehensive dataset provides a robust foundation for Terra’s planned exploration activities.

Next Steps – From Data to Discovery

While no drilling has yet been undertaken, Terra is preparing a full exploration program that will include in-fill drilling to better define high-grade zones and test for extensions at depth. Additional geophysical surveys and remote sensing work are also planned, pending access approvals. The company emphasizes that these efforts will be guided by a thorough analysis of past work, aiming to unlock the full potential of the Mole River project over the next two years.

Compliance and Confidence

The announcement confirms that all reported results comply with the JORC 2012 Code, with competent person statements ensuring the integrity and reliability of the data. Terra’s leadership, including Chairman Andrew J Vigar, underscores the company’s commitment to transparent and rigorous reporting standards as it advances its critical minerals portfolio.

Bottom Line?

Terra’s high-grade antimony targets at Mole River mark a compelling start, but the real test lies ahead in drilling and resource definition.

Questions in the middle?

  • How will Terra prioritize drilling targets within the newly identified high-grade zones?
  • What are the potential economic implications of these antimony grades for future mining operations?
  • How might Terra’s Mole River project complement or compete with adjacent critical minerals projects?