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Market:	ASX
Sector:	Gold Mining
EPIC:	TMX
Latest Price:	0.03 (-6.90% )
52-week High:	0.04
52-week Low:	0.01
Market Cap:	5.89M

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Terrain Minerals

Terrain Minerals (ASX: TMX) holds three projects in the Eastern Goldfields of Western Australia, including the Bundarra Project, the East Kambalda Project and Dodgers Well.

Terrain Minerals ready to start drilling at Aztec Dome Prospect in Western Australia

Friday, November 27, 2009

Terrain Minerals (ASX: TMX) is preparing to kick off a 3000m RC drilling program to test multiple targets on the Aztec Dome prospect, East of Kambalda in Western Australia.

The program, which starts on November 30, is expected to be completed by Christmas.

As well as testing a number of attractive geophysical IP anomalies, with both gold and nickel potential, the program will be the first in a series of planned drilling programs designed to test the potential of the Aztec Dome to be a repeat of the Kambalda Dome and the associated nickel sulphide deposits.

Managing director Keith Wells said downhole geophysical EM logging of selected RC holes was planned for February 2010, ahead of deeper diamond drilling programs, the first of which is scheduled to commence in April/May 2010.

Terrain is a Perth based exploration company with a number of gold and nickel projects in the Eastern Goldfields of Western Australia, including the advanced gold project at Bundarra, 60km north of Leonora.

The company has outlined JORC compliant resources of 320,000 oz of gold in a closely related cluster of deposits including Wonder North, Celtic, Great Western, Bluebush and Black Cat.

All the deposits remain open down dip and down plunge. Mining studies are currently in progress, including metallurgical test work, pit optimisations, pit designs and mine scheduling. These mining studies are anticipated to be completed in the fourth quarter 2009.

On the adjoining Black Cat JV area (TMX 60%), a number of strong geochemical anomalies coincident with geological features, similar to the known deposits remain to be drill tested.

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