Terra Metals (ASX:TM1) received all necessary heritage and drilling approvals to start phase three drilling across its Dante project in Western Australia, according to a Wednesday Australian bourse filing.
The approvals relate to multiple new, high-priority copper-critical-metal targets across the project and cover infill and extensional drilling at the Reef 1 and Reef 2 discoveries.
Field reconnaissance and exploration activities began across the newly acquired HRM tenements, the magnetics of which strongly suggested extensions of geophysical features associated with the copper-critical metal discoveries.
Terra Metals' shares surged almost 9% in recent Wednesday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.