Terrain Minerals Limited informed the market that it has been granted three Rare Earth Elements (REE) exploration tenements at the Lort River project located in Western Australia. The new tenements cover a total area of 320km2 of highly prospective exploration acreage for REE within the now tightly held and emerging southern Esperance clay hosted REE province of Western Australia. The new tenements are all situated between other ASX explorers who have already demonstrated the existence of clay hosted REE within the region.

The project areas are predominately situated over free hold agricultural land and located within 50km of the town and port of Esperance which are easily accessed by road. Terrain's geologists are currently conducting a comprehensive data review and the market will be updated in due course of their findings.