Terramin Australia Says Drilling Starts at South Australia Project; Shares Fall 3%

MT Newswires Live
Feb 24

Terramin Australia (ASX:TZN) started about 1,000 meters of exploration drilling at its South Gawler Ranges project, according to a Tuesday filing with the Australian bourse.

Drilling has been insufficient to define a mineral resource and the company remains uncertain if further exploration will lead to one, the filing said.

The drilling activities are expected to be completed by mid-March, the filing added.

Shares of the company fell 3% in recent Tuesday 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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10