TMX 0.00% 0.3¢ terrain minerals limited

Ann: Rembrandt High Grade Drill Results, page-11

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  1. 300 Posts.
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    The results show continuity in the mineralisation,not just isolated one off hits from historic intercepts.For reference please refer to the announcement of the 8/10.Jot down the high grade MZR results and compare them with the latest TMX results.Join the high grade results together with a pencil.A good example,MZR 003 with TMX 063,064.A high grade cluster. Typically mining in this area was small scale,high grade,narrow vein.There would be a sound margin for a professional small scale operator who could prove up a 15000 ounce resource. What's it worth?15,000 ounces,AUD 23 million,less of course the costs of extraction,transport and toll treatment.For current costings,the upcoming scoping study for Great Western would provide a more reliable guide than my estimate at this point in time. In conclusion,a promising result.Access road 150 metres away.No native title that I am aware of and a number of mills in the area hungry for higher grade feedstock. Good luck to all TMX investors in the months ahead.
 
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