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The Reaver Shark is a pre-hardmode Pickaxe that can be obtained in the Ocean while fishing. It's strong enough to mine Meteorite and Crimtane/Demonite ores.
Reaver Shark - Terraria 1.2

Reaver Shark - Terraria 1.2.4 Guide New Pickaxe! - GullofDoom

Notes

This is a solid pickaxe, being one tier higher than the Gold Pickaxe , though one tier lower than the Deathbringer /Nightmare ones.

  • Prior to the 1.4 update, it used to be the strongest pickaxe in pre-hardmode, being strong enough to mine Cobalt and Palladium. With the nerf, it now can only mine up to Meteorite.
  • Even with the nerf, it is still recommended to get it rather than crafting a Gold/Platinum pickaxe, as it saves up resources and time spent spelunking.
  • It is one of the few tools that can be obtained via fishing.
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Update Info

v1.4

  • Pickaxe power reduced from 100% down to 56%.
  • Critical strike chance reduced from 12% to 4%.
  • Use time increased from 18 to 22.

v1.2.4

  • Added to the game.
Pickaxes & Drills
Standard Pickaxes
Terraria Copper Pickaxe Copper Pickaxe

Tin Pickaxe Tin Pickaxe

Terraria Iron Pickaxe Iron Pickaxe

Lead Pickaxe Lead Pickaxe

Terraria Silver Pickaxe Silver Pickaxe

Tungsten Pickaxe Tungsten Pickaxe

Terraria Gold Pickaxe Gold Pickaxe

Platinum Pickaxe Platinum Pickaxe

Terraria Nightmare Pickaxe Nightmare Pickaxe

Item 798(1) Deathbringer Pickaxe

Terraria Molten Pickaxe Molten Pickaxe

Item 776(1) Cobalt Pickaxe

Item 1188(1) Palladium Pickaxe

Item 777(1) Mythril Pickaxe

Item 1195(1) Orichalcum Pickaxe

Item 778(1) Adamantite Pickaxe

Item 1202(1) Titanium Pickaxe

Item 1230(1) Chlorophyte Pickaxe

Item 1506(1) Spectre Pickaxe

Picksaw(1) Picksaw
Item 2781(0) Nebula Pickaxe Item 2786(0) Solar Flare Pickaxe Item 3466(0) Stardust Pickaxe Item 2776(0) Vortex Pickaxe
Drills

Cobalt Drill Cobalt Drill

Item 1189(1) Palladium Drill

Mythril Drill Mythril Drill

Item 1196(1) Orichalcum Drill

Adamantite Drill Adamantite Drill

Item 1203(1) Titanium Drill

Item 1231(1) Chlorophyte Drill

Hamdrax Drax

Item 2779(0) Nebula Drill Item 2784(0) Solar Flare Drill Item 3464(0) Stardust Drill Item 2774(0) Vortex Drill
Special Digging Tools
Cactus Pickaxe Cactus Pickaxe Bone Pickaxe(1) Bone Pickaxe Item 1917(0) Candy Cane Pickaxe Reaver Shark Reaver Shark
Item 990(1) Pickaxe Axe Shroomite Digging Claw Shroomite Digging Claw
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