
Terra Critical Minerals (ASX:T92) announced an expansion of its True American Tungsten Project in Nevada, effectively doubling its landholding to approximately 1,130 acres.
The move comes as tungsten prices reach multi-decade highs, driven by escalating demand in the defence, aerospace, and data centre sectors, coupled with ongoing supply disruptions from China.
The company reported impressive high-grade surface samples, headlined by a standout result of 2.73% tungsten trioxide.
Exploration teams have also identified a new mineralised zone extending over 4km of strike length, featuring structurally controlled quartz-carbonate veins and skarn contacts.
In addition to the surface findings, Terra relocated the historically significant Southern Adit during physical staking.