# Terra Metals’ latest drill hits extend Southwest PGM-Cu-Ni system Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd Original source: https://stockhead.com.au/resources/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system/ Publisher: stockhead Original announcement: 2026-08-26T01:30:48.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Terra Metals - Ticker: TM1 - Exchange: Unavailable - Region: Western Australia - Primary commodity: Platinum - Secondary commodities: Copper, Nickel - Document categories: Drill results, Other - Extracted: 2026-08-26 03:05:10 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Terra Metals has reported significant drill results from its Southwest discovery in Western Australia, extending PGM-Cu-Ni mineralisation by approximately 360m along strike. The intercepts from holes SWRD057, SWRD055, and SWDD018 demonstrate scale, continuity, and high-grade reefs within a broad mineralised package. Reasoning: Significant drill intercepts extending the known strike of the PGM-Cu-Ni system by 360m, supporting a planned maiden MRE. - Positive factor: extension of mineralisation along strike - Positive factor: broad and high-grade intercepts - Positive factor: continuity of the sulfide corridor - Positive factor: mineralisation continuing to depth Facts used in scoring: 14 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: SWRD057 extended high-grade mineralisation by about 360m along strike from previous drilling. Evidence · text > SWRD057 extended high-grade mineralisation by about 360m along strike from previous drilling ## Extracted facts Stored fact records: 14. Some facts used in scoring do not have a stored record. ## Drill Results (14) ### SWRD057 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-0) Southwest · platinum #### Identity - Hole ID: SWRD057 - Project: Southwest - Commodity: platinum - Ticker: TM1 #### Geometry - Grade: 0.96 - Grade Unit: g/t 3E - Intercept: 52 m - From: 51 m - To: 103 m #### Classification - Sample Type: drill - Group ID: SWRD057:51-103 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Strong intercept contributing to strike extension. - Positive factor: high-grade intercept - Positive factor: strike extension Evidence · text > 52m at 0.96g/t 3E \(platinum + palladium + gold\) and 0.11% copper from 51m ### SWRD057 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-1) Southwest · copper #### Identity - Hole ID: SWRD057 - Project: Southwest - Commodity: copper - Ticker: TM1 #### Geometry - Grade: 0.11 - Grade Unit: % - Intercept: 52 m - From: 51 m - To: 103 m #### Classification - Sample Type: drill - Group ID: SWRD057:51-103 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Copper grade reported alongside PGM. - Positive factor: accompanying PGM Evidence · text > 0.11% copper from 51m ### SWRD057 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-2) Southwest · platinum #### Identity - Hole ID: SWRD057 - Project: Southwest - Commodity: platinum - Ticker: TM1 #### Geometry - Grade: 0.88 - Grade Unit: g/t 3E - Intercept: 177 m - From: 151 m - To: 328 m #### Classification - Sample Type: drill - Group ID: SWRD057:151-328 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Significant width and grade. - Positive factor: broad intercept Evidence · text > 177m at 0.88g/t 3E and 0.16% Ni from 151m ### SWRD057 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-3) Southwest · nickel #### Identity - Hole ID: SWRD057 - Project: Southwest - Commodity: nickel - Ticker: TM1 #### Geometry - Grade: 0.16 - Grade Unit: % - Intercept: 177 m - From: 151 m - To: 328 m #### Classification - Sample Type: drill - Group ID: SWRD057:151-328 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Nickel grade reported alongside PGM. Evidence · text > 0.16% Ni from 151m ### SWRD057 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-4) Southwest · platinum #### Identity - Hole ID: SWRD057 - Project: Southwest - Commodity: platinum - Ticker: TM1 #### Geometry - Grade: 0.6 - Grade Unit: g/t 3E - Intercept: 124 m - From: 416 m - To: 540 m #### Classification - Sample Type: drill - Group ID: SWRD057:416-540 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Broad intercept. Evidence · text > 124m at 0.60g/t 3E and 0.12% nickel from 416m ### SWRD057 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-5) Southwest · nickel #### Identity - Hole ID: SWRD057 - Project: Southwest - Commodity: nickel - Ticker: TM1 #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 124 m - From: 416 m - To: 540 m #### Classification - Sample Type: drill - Group ID: SWRD057:416-540 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Nickel grade reported alongside PGM. Evidence · text > 0.12% nickel from 416m ### SWRD057 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-6) Southwest · platinum #### Identity - Hole ID: SWRD057 - Project: Southwest - Commodity: platinum - Ticker: TM1 #### Geometry - Grade: 0.69 - Grade Unit: g/t 3E - Intercept: 10.66 m - From: 605 m - To: 615.66 m #### Classification - Sample Type: drill - Group ID: SWRD057:605-615.66 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Demonstrates depth continuity. - Positive factor: mineralisation continues to depth Evidence · text > pierced 10.66m at 0.69g/t 3E from 605m ### SWRD055 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-7) Southwest · platinum #### Identity - Hole ID: SWRD055 - Project: Southwest - Commodity: platinum - Ticker: TM1 #### Geometry - Grade: 0.84 - Grade Unit: g/t 3E - Intercept: 232 m - From: 174 m - To: 406 m #### Classification - Sample Type: drill - Group ID: SWRD055:174-406 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Significant width and grade. - Positive factor: broad intercept Evidence · text > 232m at 0.84g/t 3E and 0.15% Ni from 174m ### SWRD055 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-8) Southwest · nickel #### Identity - Hole ID: SWRD055 - Project: Southwest - Commodity: nickel - Ticker: TM1 #### Geometry - Grade: 0.15 - Grade Unit: % - Intercept: 232 m - From: 174 m - To: 406 m #### Classification - Sample Type: drill - Group ID: SWRD055:174-406 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Nickel grade reported alongside PGM. Evidence · text > 0.15% Ni from 174m ### SWRD055 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-9) Southwest · platinum #### Identity - Hole ID: SWRD055 - Project: Southwest - Commodity: platinum - Ticker: TM1 #### Geometry - Grade: 0.5 - Grade Unit: g/t 3E - Intercept: 26.6 m - From: 431 m - To: 457.6 m #### Classification - Sample Type: drill - Group ID: SWRD055:431-457.6 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Narrower high-grade reef. Evidence · text > 26.6m at 0.5g/t 3E and 0.12% Ni from 431m ### SWRD055 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-10) Southwest · nickel #### Identity - Hole ID: SWRD055 - Project: Southwest - Commodity: nickel - Ticker: TM1 #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 26.6 m - From: 431 m - To: 457.6 m #### Classification - Sample Type: drill - Group ID: SWRD055:431-457.6 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Nickel grade reported alongside PGM. Evidence · text > 0.12% Ni from 431m ### SWRD055 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-11) Southwest · platinum #### Identity - Hole ID: SWRD055 - Project: Southwest - Commodity: platinum - Ticker: TM1 #### Geometry - Grade: 0.68 - Grade Unit: g/t 3E - Intercept: 70 m - From: 502 m - To: 572 m #### Classification - Sample Type: drill - Group ID: SWRD055:502-572 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Significant intercept. Evidence · text > 70m at 0.68g/t 3E and 0.12% Ni from 502m ### SWRD055 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-12) Southwest · nickel #### Identity - Hole ID: SWRD055 - Project: Southwest - Commodity: nickel - Ticker: TM1 #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 70 m - From: 502 m - To: 572 m #### Classification - Sample Type: drill - Group ID: SWRD055:502-572 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Nickel grade reported alongside PGM. Evidence · text > 0.12% Ni from 502m ### SWDD018 [Link to this fact](https://atlas-staging.minestarters.com/news/terra-metals-latest-drill-hits-extend-southwest-pgm-cu-ni-system--5a2bff15-55e4-490c-8b5a-01a7412adbcd#fact-drill-facts-13) Southwest · platinum #### Identity - Hole ID: SWDD018 - Project: Southwest - Commodity: platinum - Ticker: TM1 #### Geometry - Grade: 0.46 - Grade Unit: g/t 3E - Intercept: 46.6 m - From: 205.4 m - To: 252 m #### Classification - Sample Type: drill - Group ID: SWDD018:205.4-252 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-26T00:00:00.000Z Reasoning: Part of a principal interval. Evidence · text > 46.6m at 0.46g/t 3E from 205.4m ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.