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Terra Metals Strikes High-Grade PGM at Southwest Prospect – What’s Next?

9:44am on Friday 30th of January, 2026 AEDT Mining
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Terra Metals Strikes High-Grade PGM at Southwest Prospect – What’s Next?

9:44am on Friday 30th of January, 2026 AEDT
Key Points
  • Exceptional PGM-Cu-Ni sulfide grades up to 52.97 g/t at Southwest Prospect
  • Phase 3 drilling confirms thick, continuous Bushveld-style reefs at Reef 2 (Hyperion)
  • Resource expansion drilling extends mineralisation strike and depth
  • Strong financial position with $11 million cash after $15 million placement
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