Terrain Minerals announced the sale of its Wildviper exploration license E37/1214 to Northern Star Resources (ASX:NST) for $300,000 in cash.

The divestment supports Terrain's focus on exploration, with funds earmarked for existing projects.

The transaction is set to conclude within 10 business days.

The move aligns with Terrain's strategy to concentrate on core exploration activities while paving the way for intensified efforts on other promising projects.