TZN Resumes Drilling at South Gawler Ranges Project
Terramin Australia Limited (ASX: TZN), in partnership with the Japan Organization for Metals and Energy Security (JOGMEC), has restarted exploration drilling at the South Gawler Ranges Project in South Australia.
The current program comprises a single diamond drill hole of approximately 1,000 metres, designed to test a geophysical target interpreted at around 400 metres below surface. The target reflects a dense, non-magnetic body positioned above a broader magnetic zone, consistent with a conceptual Iron Oxide Copper-Gold (IOCG) style system identified through recent TEM surveys and updated geophysical modelling.
The campaign forms part of JOGMEC’s staged AU$7.5 million earn-in arrangement. Completion of drilling is targeted for mid-March 2026. The target remains conceptual, and no Mineral Resource has yet been defined.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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TZN Resumes Drilling at South Gawler Ranges Project
Terramin Australia Limited (ASX: TZN), in partnership with the Japan Organization for Metals and Energy Security (JOGMEC), has restarted exploration drilling at the South Gawler Ranges Project in South Australia.
The current program comprises a single diamond drill hole of approximately 1,000 metres, designed to test a geophysical target interpreted at around 400 metres below surface. The target reflects a dense, non-magnetic body positioned above a broader magnetic zone, consistent with a conceptual Iron Oxide Copper-Gold (IOCG) style system identified through recent TEM surveys and updated geophysical modelling.
The campaign forms part of JOGMEC’s staged AU$7.5 million earn-in arrangement. Completion of drilling is targeted for mid-March 2026. The target remains conceptual, and no Mineral Resource has yet been defined.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au