Terra Critical Minerals Amends Pasfield Lake Agreement with ATHA Energy

Terra Critical Minerals Limited (ASX: T92) has executed an amended agreement with ATHA Energy Corp (TSXV: SASK) to revise the terms of their option agreement for the Pasfield Lake Project in Canada. Under the amended terms, ATHA will now be required to spend CAD$ 2 million (up from CAD$ 1 million) or complete two deep drill holes of at least 1,000 metres each by 31 December 2026 to earn a 30% interest in the project. The amended agreement also allows for additional interests to be earned based on further exploration expenditure and successful drilling. Furthermore, ATHA has waived its claims on the Spire and Horizon projects, reaffirming the strong partnership between the two companies. The amendments accelerate exploration at Pasfield Lake, with drilling and exploration activities progressing with support from the Axiom Exploration team, based in Saskatoon, Canada.

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