# Strong PGM results see Terra Metals shift Southwest focus to higher-grade reefs

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c

Original source: https://stockhead.com.au/resources/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs/

Publisher: stockhead

Original announcement: 2026-09-08T02:45:07.000Z

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: Palladium, Gold, Nickel, Copper

- Document categories: Drill results, Metallurgy

- Extracted: 2026-09-12 01:03:50 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Terra Metals has reported significant high-grade PGM, nickel, and copper drill results at its Southwest Discovery in Western Australia. The results reveal multiple stacked reef layers and a broad mineralised system, with metallurgical testing and resource definition work currently underway.

Reasoning: Strong high-grade PGM-Ni-Cu intercepts across multiple holes demonstrating continuity and scale of the Southwest Discovery.

- Positive factor: high-grade PGM reef layers identified

- Positive factor: demonstrated scale and continuity of mineralisation

- Positive factor: multiple stacked reefs

- Positive factor: potential for open-pit development

Facts used in scoring: 21

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Drilling demonstrates scale and continuity of mineralisation across the Southwest Discovery.

Evidence · text

> demonstrates scale and continuity of PGM-copper-nickel mineralisation

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The company is moving into a phase of defining higher-grade reef domains within the existing system.

Evidence · text

> focus is increasingly on defining the higher-grade reef layers within that system

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: the document describes a flotation route \("flotation"\)

## Extracted facts

Stored fact records: 21. Some facts used in scoring do not have a stored record.

## Drill Results (21)

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-0)

Southwest Discovery · platinum

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: platinum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.83
- Grade Unit: g/t
- Intercept: 210 m
- From: 189 m
- To: 399 m
- Intercept Depth: 189 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:189-399
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Significant 210m intercept of 3E PGMs.

- Positive factor: broad and strongly mineralised interval

Evidence · text

> SWRD054, delivered a broad and strongly mineralised interval of 210m grading 0.83g/t 3E

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-1)

Southwest Discovery · nickel

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: nickel
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.16
- Grade Unit: %
- Intercept: 210 m
- From: 189 m
- To: 399 m
- Intercept Depth: 189 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:189-399
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Nickel component of the broad 210m 3E interval.

Evidence · text

> 210m grading 0.83g/t 3E and 0.16% nickel

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-2)

Southwest Discovery · platinum

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: platinum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 2.32
- Grade Unit: g/t
- Intercept: 20.7 m
- From: 409.3 m
- To: 430 m
- Intercept Depth: 409.3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:409.3-430
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: High-grade intercept within a specific reef layer.

- Positive factor: high-grade PGM-Au-Cu-Ni reef

Evidence · text

> returning 20.7m at 2.32g/t 3E

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-3)

Southwest Discovery · nickel

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: nickel
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 20.7 m
- From: 409.3 m
- To: 430 m
- Intercept Depth: 409.3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:409.3-430
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Nickel component of the high-grade reef.

Evidence · text

> 0.15% Ni

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-4)

Southwest Discovery · copper

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 20.7 m
- From: 409.3 m
- To: 430 m
- Intercept Depth: 409.3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:409.3-430
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Copper component of the high-grade reef.

Evidence · text

> 0.13% copper from 409.3m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-5)

Southwest Discovery · platinum

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: platinum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 18.62
- Grade Unit: g/t
- Intercept: 1.3 m
- From: 558.8 m
- To: 560.1 m
- Intercept Depth: 558.8 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:558.8-560.1
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Very high grade intercept, though narrow.

- Positive factor: high-grade PGM reef

Evidence · text

> 1.3m at 18.62g/t 3E from 558.8m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-6)

Southwest Discovery · platinum

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: platinum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 1.3
- Grade Unit: g/t
- Intercept: 79.8 m
- From: 302 m
- To: 381.8 m
- Intercept Depth: 302 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:302-381.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Broad mineralised interval.

Evidence · text

> 79.8m at 1.30g/t 3E

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-7)

Southwest Discovery · nickel

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: nickel
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.21
- Grade Unit: %
- Intercept: 79.8 m
- From: 302 m
- To: 381.8 m
- Intercept Depth: 302 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:302-381.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Nickel component of the 79.8m interval.

Evidence · text

> 0.21% Ni

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD054

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-8)

Southwest Discovery · copper

#### Identity

- Hole ID: SWRD054
- Project: Southwest Discovery
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.13
- Grade Unit: %
- Intercept: 79.8 m
- From: 302 m
- To: 381.8 m
- Intercept Depth: 302 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD054:302-381.8
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Copper component of the 79.8m interval.

Evidence · text

> 0.13% Cu from 302m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD056

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-9)

Southwest Discovery · platinum

#### Identity

- Hole ID: SWRD056
- Project: Southwest Discovery
- Commodity: platinum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 1.41
- Grade Unit: g/t
- Intercept: 44 m
- From: 174 m
- To: 218 m
- Intercept Depth: 174 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD056:174-218
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Wide high-grade zone.

Evidence · text

> 44m at 1.41g/t 3E

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD056

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-10)

Southwest Discovery · nickel

#### Identity

- Hole ID: SWRD056
- Project: Southwest Discovery
- Commodity: nickel
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.19
- Grade Unit: %
- Intercept: 44 m
- From: 174 m
- To: 218 m
- Intercept Depth: 174 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD056:174-218
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Nickel component of the 44m interval.

Evidence · text

> 0.19% Ni

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD056

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-11)

Southwest Discovery · copper

#### Identity

- Hole ID: SWRD056
- Project: Southwest Discovery
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 44 m
- From: 174 m
- To: 218 m
- Intercept Depth: 174 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD056:174-218
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Copper component of the 44m interval.

Evidence · text

> 0.12% Cu from 174m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD056

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-12)

Southwest Discovery · platinum

#### Identity

- Hole ID: SWRD056
- Project: Southwest Discovery
- Commodity: platinum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 1.37
- Grade Unit: g/t
- Intercept: 42 m
- From: 298 m
- To: 340 m
- Intercept Depth: 298 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD056:298-340
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Wide high-grade zone.

Evidence · text

> 42m at 1.37g/t 3E

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD056

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-13)

Southwest Discovery · nickel

#### Identity

- Hole ID: SWRD056
- Project: Southwest Discovery
- Commodity: nickel
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.21
- Grade Unit: %
- Intercept: 42 m
- From: 298 m
- To: 340 m
- Intercept Depth: 298 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD056:298-340
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Nickel component of the 42m interval.

Evidence · text

> 0.21% Ni

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWRD056

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-14)

Southwest Discovery · copper

#### Identity

- Hole ID: SWRD056
- Project: Southwest Discovery
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 42 m
- From: 298 m
- To: 340 m
- Intercept Depth: 298 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWRD056:298-340
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Copper component of the 42m interval.

Evidence · text

> 0.15% Cu from 298m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWDD019

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-15)

Southwest Discovery · platinum

#### Identity

- Hole ID: SWDD019
- Project: Southwest Discovery
- Commodity: platinum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 1.53
- Grade Unit: g/t
- Intercept: 3.3 m
- From: 267.1 m
- To: 270.4 m
- Intercept Depth: 267.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWDD019:267.1-270.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: High-grade intercept, though narrow.

Evidence · text

> 3.3m at 1.53g/t 3E

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWDD019

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-16)

Southwest Discovery · nickel

#### Identity

- Hole ID: SWDD019
- Project: Southwest Discovery
- Commodity: nickel
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.16
- Grade Unit: %
- Intercept: 3.3 m
- From: 267.1 m
- To: 270.4 m
- Intercept Depth: 267.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWDD019:267.1-270.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Nickel component of the 3.3m interval.

Evidence · text

> 0.16% Ni

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWDD019

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-17)

Southwest Discovery · copper

#### Identity

- Hole ID: SWDD019
- Project: Southwest Discovery
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.19
- Grade Unit: %
- Intercept: 3.3 m
- From: 267.1 m
- To: 270.4 m
- Intercept Depth: 267.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWDD019:267.1-270.4
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Copper component of the 3.3m interval.

Evidence · text

> 0.19% Cu from 267.1m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWDD019

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-18)

Southwest Discovery · platinum

#### Identity

- Hole ID: SWDD019
- Project: Southwest Discovery
- Commodity: platinum
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 1.29
- Grade Unit: g/t
- Intercept: 11 m
- From: 312 m
- To: 323 m
- Intercept Depth: 312 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWDD019:312-323
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Moderate width, moderate grade intercept.

Evidence · text

> 11m at 1.29g/t 3E

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWDD019

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-19)

Southwest Discovery · nickel

#### Identity

- Hole ID: SWDD019
- Project: Southwest Discovery
- Commodity: nickel
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.17
- Grade Unit: %
- Intercept: 11 m
- From: 312 m
- To: 323 m
- Intercept Depth: 312 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWDD019:312-323
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Nickel component of the 11m interval.

Evidence · text

> 0.17% Ni

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### SWDD019

[Link to this fact](https://atlas-extractions.minestarters.com/news/strong-pgm-results-see-terra-metals-shift-southwest-focus-to-higher-grade-reefs--645034cd-95e6-427d-8241-f2f7334f3f0c#fact-drill-facts-20)

Southwest Discovery · copper

#### Identity

- Hole ID: SWDD019
- Project: Southwest Discovery
- Commodity: copper
- Region: australia\_wa
- Reported Region: australia\_wa
- Ticker: TM1

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 11 m
- From: 312 m
- To: 323 m
- Intercept Depth: 312 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: SWDD019:312-323
- Mining Method: open\_pit

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-08T00:00:00.000Z

Reasoning: Copper component of the 11m interval.

Evidence · text

> 0.14% Cu from 312m

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## 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.