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An update from R3D Resources Limited ( (AU:TAT) ) is now available.
Tartana Minerals reported progress in the March quarter on upgrading its Far North Queensland copper sulphate pentahydrate operations and expanding exploration. The company is installing a modern chiller system at its solvent extraction–crystallisation plant to replace unreliable legacy equipment, aiming to boost production capacity and operational reliability.
A new stripped organic after-settler design is expected to further increase plant throughput by improving organic recycling efficiency. To secure additional copper feed, Tartana mined and stacked 50,000 tonnes of higher-grade mineralised pit fill, averaging 0.22% leachable copper with some grades above 0.5%, on its heap leach pad, positioning the company for increased output.
The company also acquired a UDR 650 drilling rig, with the first hole to contribute to a copper resource upgrade programme at Tartana. In parallel, it has designed a 21,000-metre drilling campaign across eight prospects, its most extensive programme to date, targeting a range of base and precious metals to underpin future growth and resource expansion.
More about R3D Resources Limited
Tartana Minerals Limited is an Australian copper and gold producer focused on developing its assets in Far North Queensland. The company operates a solvent extraction and crystallisation plant producing copper sulphate pentahydrate and is advancing multiple polymetallic exploration targets including copper, gold, silver, antimony, tin, tungsten and zinc.
Average Trading Volume: 666,829
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$8.33M
See more data about TAT stock on TipRanks’ Stock Analysis page.