News Articles

Bulls N' Bears 8 hours ago

Terrain nails high-grade gold and silver in Mid West

Terrain Minerals has confirmed gold to 6.05g/t and silver to 20.34g/t in first-pass drilling of three key Wildflower targets at its Smokebush project in WA. The results back up the company's geophysical targeting strategy and suggest Wildflower could become the next growth front behind its Lightning prospect, where a maiden resource estimate is due next month.

Bulls N' Bears 04 Jun 2026

Terrain flags large gold-pathfinder target near Port Hedland in WA

Terrain Minerals has identified a coherent 4km-by-3km multi-element gold-pathfinder anomaly at its Carlindie project near Port Hedland in WA, where first-pass soil geochemical results have lined up with a concealed greenstone target generated by machine learning. The company is planning field reconnaissance in July before rolling out an ultra-fine soil sampling program from August to home in on the target area and guide future drilling.

Bulls N' Bears 26 May 2026

Terrain extends IP hunt for gold across historic Mid West prospects

Terrain Minerals has expanded an ongoing IP geophysical survey at its Smokebush project in WA's Mid West, adding four lines across the Paradise City, Hurley and T17 prospects where historic drilling and rock chip sampling have returned gold hits. The company is using the same strategy that led to its Lightning discovery to identify fresh gold targets, ahead of a July maiden resource for Lightning.

Bulls N' Bears 21 May 2026

Terrain flags July maiden resource for Mid West gold play

Terrain Minerals says it is closing in on a maiden July mineral resource estimate for its Lightning gold project after ticking off key technical and approvals work. DGPS collar surveys, a topographic drone survey, metallurgical sampling and permitting are all part of the process, while recent IP targeting and test work continue to support the broader Smokebush gold story in WA's Mid West region.

Bulls N' Bears 19 May 2026

Terrain kicks off metallurgical testwork in Mid West gold push

Terrain Minerals has kicked off metallurgical testwork at its Lightning gold project in WA's Mid West, where recent drilling has delivered high grade hits including 8m at 6.87g/t gold and 7m at 7.08g/t gold. Early work points to a likely non-refractory feed, implying conventional gravity coarse gold separation and carbon-in-leach processing ahead of a maiden resource estimate in July.

Bulls N' Bears 13 May 2026

Terrain launches geophysics blitz on WA Yalgoo gold play

Terrain Minerals has launched one of its biggest IP surveys yet, aimed at sniffing out repeats of its Lightning-style gold target in untested surrounding ground at the company's Smokebush gold and silver project, 350km north of Perth in WA. The survey will span the granted mining lease, which contains the Lightning and Monza gold deposits. Results are expected in July, ahead of Terrain's maiden Lightning mineral resource estimate.

Bulls N' Bears 20 Apr 2026

Terrain wraps up Mid West drilling ahead of July gold count

Terrain Minerals has concluded a 671m diamond drilling program at its Lightning gold project in WA to obtain rock density and important structural inputs for its upcoming maiden resource estimate in July. The company nailed a high-grade intercept of 3.4 metres assaying 4.96g/t gold from 213.6m depth, including 1m at 10.93g/t gold, which it says confirms continuity of higher-grade zones at depth.

Bulls N' Bears 15 Apr 2026

Terrain ignites WA gold play with sizzling high-grade hits

Terrain Minerals' Lightning prospect in WA's Mid West has burst to life with a standout 21.8g/t gold hit fuelling confidence the system is larger than first thought and primed to grow along strike and at depth. Latest results include 8m at 6.87g/t gold from 76m and a best 1-metre grade of 21.8g/t gold. With a mining lease secured and more assays still to come, a maiden JORC resource is due in July.

Bulls N' Bears 08 Apr 2026

Terrain nears defining moment at WA gold project

Terrain Minerals is closing in on a maiden gold resource at its Lightning prospect in WA, with drilling at Smokebush rapidly building the geological picture as the company edges towards a defining milestone. The company is also advancing gallium and rare earths at its Larin's Lane prospect and drilling for rare earths at Lort River near Esperance, setting up a busy run of assays and updates.

Bulls N' Bears 13 Mar 2026

Terrain targets high-grade rare earths in vast WA clay basin

Terrain Minerals has kicked off 1500 metres of aircore drilling at its Lort River project near Esperance, targeting clay-hosted rare earths. The program was prompted by a standout 8m intercept 12 months ago, which assayed 4037 ppm total rare earth oxides, with peak one-metre results of almost one per cent TREO, including highly anomalous grades of magnet rare-earth elements.

Bulls N' Bears 04 Mar 2026

Terrain wraps up major WA drilling assault at Yalgoo gold play

Terrain Minerals has wrapped up an extensive drilling assault at its Smokebush gold and silver project in Western Australia, completing 7739m of deep targeting across its Lightning and Wildflower prospects. The company says it has been probing for potential repeat Lightning-style systems at geophysical anomalies in previously untouched areas as well.

Bulls N' Bears 04 Feb 2026

Lightning WA gold play strikes as Terrain rolls out diamond rig

Terrain Minerals has kicked off diamond drilling at its wholly owned Smokebush gold and silver project, about 350km north of Perth, in WA's prospective Yalgoo mineral field. The program plans to target the company's new Lightning prospect and is aimed at firming up geological information to support the company's proposed maiden JORC mineral resource estimate slated for the second quarter of the year.

Bulls N' Bears 15 Jan 2026

Terrain Minerals back on gold-drill trail in WA’s Mid West

Terrain Minerals has resumed a 6,800-metre RC drilling program at its Smokebush gold-silver project in WA's Mid-West. Drilling will target extensions to high-grade mineralisation at Lightning, where previous results included 13 metres at 8.13g/t gold, and test new induced polarisation targets at the nearby Wildflower prospect.

Bulls N' Bears 18 Dec 2025

Terrain sets sights on major WA gold push for 2026

Terrain Minerals has called a brief festive timeout on drilling at its Smokebush gold project in Western Australia, wrapping up a productive end to 2025 at its Lightning prospect. With more than a third of the current RC program completed, a newly granted mining licence and strong funding support, the company says it is well placed to hit the ground running when drilling resumes in January.

Bulls N' Bears 02 Dec 2025

Terrain tightens grip on high-grade WA gold with new mining lease

Terrain Minerals has successfully converted multiple prospecting licences to a mining lease which will secure its exploration and planned mining activities in the area for 30 years. The newly granted mining lease will firmly cement Terrain's presence in the prospective extreme northwest of its Smokebush project tenement area, about 350 kilometres north of Perth and 65 kilometres west of Paynes Find in WA's Murchison region.

Bulls N' Bears 27 Nov 2025

Terrain lights up Murchison with twin-drill gold assault

Terrain Minerals has kicked off a major RC drilling assault across its high priority Lightning and Wildflower gold and silver targets in Western Australia's Murchison gold province. The company says it will drill deeper and along strike of existing stand-out intercepts, potentially leading to a maiden resource at Lightning, slated for mid-next year. Terrain has also identified multiple gold targets extending over 800 metres at its Wildflower project associated with coincident structures highlighted by geophysics.

Bulls N' Bears 17 Nov 2025

Terrain to launch drilling blitz near Yalgoo in WA’s Murchison

Terrain Minerals is getting set to launch a 4500m reverse circulation drilling program at its 100%-owned Lightning gold-silver prospect in WA's Murchison, targeting a maiden JORC resource by mid-2026. The 21-hole campaign aims to extend known high-grade zones, test new magnetic targets and will probe a potential repeat discovery at Lightning, with first assays due mid-February.

Terrain Minerals' executive director Justin Virgin

Bulls N' Bears 10 Nov 2025

Terrain eyes new WA gold targets from latest IP survey

Terrain Minerals' latest induced-polarisation survey has kicked-up a suite of potential gold targets within large chargeability zones stretching more than 800 metres at its Wildflower prospect, part of the wider Smokebush project about 350 kilometres north of Perth. The company plans to spin the drill-bit in January next year to test three new prospects across three large-scale structures revealed in the survey.

Terrain Minerals' Lort River project activity

Bulls N' Bears 28 Oct 2025

Terrain unearths 66 sq km basin prospective for rare earths

Terrain Minerals has uncovered a 66 square-kilometre shallow regolith clay basin prospective for rare earths using airborne electromagnetic (AEM) survey data at its Lort River project in the Albany Fraser belt of Western Australia, near the town of Esperance. The completed AEM survey mapped the extent, thickness and depth of the conductive regolith horizons, interpreting the scale of the basin to be 12km in length and 5.5km wide.

Bulls N' Bears 13 Oct 2025

Terrain lifts Murchison results with 48g/t gold and 12.79g/t silver

Terrain Minerals has reported high-grade gold assays alongside silver hits from its Lightning Prospect at the Smokebush Project in WA's Murchison, reinforcing a strong gold-silver correlation. One significant intercept of 22m yielded 2.87g/t gold from 105m, including 21m at 15.79g/t silver from 105m, 1m at 70.59g/t silver from 108m and 1m at 60g/t silver from 124m. Follow-up drilling is proposed to further develop the dual-commodity potential.

Bulls N' Bears 01 Oct 2025

Terrain kicks off lithium exploration near Port Hedland

Terrain Minerals has kicked off a maiden scout soil sampling program at its Carlindie lithium project in WA's Pilbara region, targeting 15km of interpreted lithium-bearing pegmatite structures about 30km east of Wildcat Resources' Tabba Tabba deposit. The low-cost program aims to generate drill-ready targets from the region's felsic-hosted lithium potential within 14 days, with results expected in four weeks to inform the design of follow-up drilling next year.

Bulls N' Bears 29 Sep 2025

Terrain strikes high-grade gold in WA Yalgoo mineral field

Terrain Minerals' latest drilling results shine with 13m at 8.13g/t gold, including 2m at 48.22g/t and 1m at 18.04g/t at its Monza and Lightning targets in the company's Smokebush project, about 350km north of Paynes Find in WA. Eighty per cent of the reverse circulation drill holes jagged gold, with multiple thick zones, while IP surveys point to a possible big system that remains open along strike and to depth.

Bulls N' Bears 09 Sep 2025

Terrain chases deeper gold with IP survey at WA Mid West project

Terrain Minerals has fired the starter's gun on an induced polarisation geophysical survey at its Wildflower gold prospect in WA's Yalgoo-Singleton Belt, aiming to sniff out deeper sulphide-hosted gold beneath a string of shallow oxide hits. The program comes hot on the heels of a recent 11m hit grading 6.03g/t gold and 43.5g/t silver strike just down the road at the company's Lightning and Monza prospects.

Bulls N' Bears 02 Sep 2025

Terrain jags electrifying 22-metre gold hit at Mid West prospect

Terrain Minerals has revealed a striking gold interval of 22 metres grading 2.71 grams per tonne gold at its Lightning prospect, part of the wider Smokebush Project in Western Australia's Mid West region. The latest drilling program followed up a compelling 600m-long induced polarisation anomaly from geophysical data and formed part of the company's exploration strategy.

Bulls N' Bears 16 Jul 2025

Terrain wraps up expanded drilling program at WA gold-silver play

Terrain Minerals has finally pulled the drill rig from the company's Smokebush project on WA's Yalgoo belt, after knocking out an expanded 5000-metre campaign at its high-grade gold and silver prospects. The expanded RC drilling program was designed to reveal the extent of gold and silver-bearing structures at the project, ahead of defining a maiden mineral resource at the early-stage Smokebush by the middle of next year.

Bulls N' Bears 26 Jun 2025

Terrain pumps up drilling program at Murchison gold-silver play

Terrain Minerals has cranked up the drill bit at its Smokebush project in Western Australia, extending its current reverse circulation drilling campaign in search of high-grade silver and gold at its Lightning and Monza prospects. The company has tacked on an extra 700m and three holes, expanding the program to a substantial 20 holes for 4300m. The expansion stems from keen field observations by Terrain on the ground.

Bulls N' Bears 28 May 2025

Terrain advances studies to help develop sustainable REE supply in WA

Terrain Minerals' Larin's Lane gallium-rare earths project is fast advancing, with studies now underway as part of a WA industry and government-funded research project that ultimately aims to develop a reliable supply of REEs in the state. The Larin's Lane collaboration will also offer insights into the economics of emerging REE extraction techniques and the potential for strategic mineral by-products, which could benefit WA.

Bulls N' Bears 20 May 2025

Terrain fires up drill rig on rich, Murchison gold-silver targets

Terrain Minerals has kicked off a 17-hole, 3350m RC drilling blitz at its Lightning and Monza prospects in Western Australia's Murchison goldfields. The 20-day campaign follows hot on the heels of high-grade hits earlier this year and aims to define and expand mineralised zones across the two parallel gold structures. Assay results are expected in about eight weeks, feeding into a maiden resource targeted for mid-2026.

TERRAIN_TMX_LIGHTNING Au PROSPECT_1440x960

Bulls N' Bears 07 May 2025

Terrain set to test Mid West high-grade gold & silver prospect

Terrain Minerals is on the cusp of launching a reverse circulation drilling program next week to follow up on the company's recent discovery of shallow high-grade gold and silver at its Lightning and Monza prospects. The two prospects lie in the northern extremity of its Smokebush project, 350km north of Perth. The drill program co-incides with Terrain's mid-May ex-date, $1.8M rights issue.

Bulls N' Bears 31 Mar 2025

Terrain lands big gold result 50m from existing deposit

Terrain Minerals has just upped the stakes significantly at its Monza gold project east of Geraldton after nailing an 11m drill hit grading 6.03g/t gold and 43.5g/t silver just 50m from known mineralisation. The high-grade hit at the new prospect to the west of the project included standout 1m intercepts of 10.28g/t, 11.41g/t, and 10.37g/t gold, suggesting a strong near-surface mineralised system.

Terrain Minerals_LORT River_ BULLSNBEARSWA

Bulls N' Bears 26 Mar 2025

Terrain drill bit hits high-grade Fraser Range rare earths

Terrain Minerals has hauled up some remarkable rare earths samples from its Lort River project near Esperance in Western Australia's Fraser Range region, after multi-element assay tests picked up head-turning grades of up to 9840 parts per million (ppm) total rare earth oxides (TREO). The uber-high-grade 1-metre section was discovered within a broader zone of 8m grading 4037ppm TREO starting at only 23m depth.

Bulls N' Bears 10 Mar 2025

Terrain set to drill three gold projects in WA and Queensland

Terrain Minerals is busy pursuing three gold projects, including two in WA's Mid West region and a newish gold project in Queensland, along with gallium, rare earths and nickel-copper plays on the go in WA. It is currently planning new drilling campaigns for the three gold targets.

Banded iron formations are commonly found in the Pilbara region

Bulls N' Bears 29 Jan 2025

Explorers fire up search for steel alloy metals

Metals used for steel alloys, once considered the poor cousins to iron ore, are starting to come into vogue, with both big and small players moving heaven and earth to uncover the next big discovery of metals vital to the massive global steel industry. The coveted group includes manganese, vanadium, molybdenum and others and Australia has rich resources of all of them.

Bulls N' Bears 28 Jan 2025

Terrain adds two targets to new gold-gallium drilling in WA Mid West

Terrain Minerals has launched into stage two drilling at its Wildflower gold project in WA's Mid West region, following its recently completed, high-impact sulphide conductor drilling in the Albany-Fraser Belt. The company has turned its focus to the surging commodities of gold and gallium at its broader Smokebush project, ramping up a 1368m RC program targeting gold discoveries and gallium metallurgy research that is currently underway.

Gallium_Rare Earths Research_BullsNBearsWA

Bulls N' Bears 22 Jan 2025

WA Government stumps up $175,000 for rare earths research

The WA Government has stumped up $175,000 for research into the extraction of rare earths, predominantly within the State's Yilgarn region, with Perth-based geological firm RSC Consulting to lead the study. RSC will work closely with respected WA junior mining firms Terrain Minerals, Dreadnought Resources, Narryer Metals, Pluto Resources and Curtin University's Resources Technology and Critical Minerals Trailblazer program.

Bulls N' Bears 17 Jan 2025

Wellard spikes on capital return from US$50 million sale

This week's Bulls N' Bears Runner of the Week is … Wellard Limited. The company is quitting the livestock transport business and spiked on news it has sold a ship for US$50 million. Condor Energy increased its gas resource by 147 per cent, Western Gold Resources revealed a preferred contractor for its Gold Duke operation and Terrain Minerals kicked-off drilling at its Lort River nickel-copper project.

Terrain Minerals_Eye feature_BullsNBearsWA

Bulls N' Bears 16 Jan 2025

Terrain eyes Nova-style nickel-copper discovery at Esperance drilling

Terrain Minerals has launched into an eagerly awaited reverse circulation drilling campaign early at its Lort River copper-nickel project in Western Australia's renowned Albany-Fraser Belt. The campaign will target two high-priority Nova-Bollinger-like sulphide conductors, hot on the heels of promising ground-based electromagnetic survey results completed last month.

Bulls N' Bears 08 Jan 2025

Terrain charts ambitious drilling strategy to kick-off 2025

Terrain Minerals has revealed an ambitious exploration roadmap for 2025, pitching a diversified drilling assault across WA on gold, nickel, copper and gallium targets. The company is gearing up for two significant reverse circulation (RC) drilling campaigns at its flagship Smokebush gold-gallium and Lort River nickel-copper projects which is set kick-off this month and continue through the quarter and beyond.

Bulls N' Bears 10 Dec 2024

Terrain to flesh out early gold sniffs at Wildflower with big rig

Terrain Minerals has wheeled in an RC drill rig to probe the potential bedrock source of gold discovered in the supergene zone during air core drilling at its Wildflower gold project in WA's Mid West region. The 16-hole drill program is a follow up to the successful air core program that unveiled a potential new gold discovery, returning 9m grading 1.17 grams per tonne gold.

Bulls N' Bears 09 Dec 2024

Terrain steps up hunt for big nickel deposit in elephant country

Terrain Minerals has kicked-off a ground-based EM survey to better define four very curious, potentially nickel-copper conductors at its Lort River project that sits in the same geological belt as IGO's huge nickel-copper discovery in the renowned Albany-Fraser Belt. Terrain believes a geophysical “eye” feature identified at Lort River shares strong similarities with IGO's “eye” that was identified prior to its discovery of the large producing Nova-Bollinger operation in the region in 2012.

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