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.
The site, along with the Northern Adit, served as a primary source of tungsten production during the 1940s and has now been designated a high-priority target for the company's upcoming exploration program.
Terra’s Chairman highlighted that the expansion ensures control over the full strike extent of the vein system.
At the time of reporting, Terra Critical Minerals' share price was $0.069.