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Taruga Minerals Limited ( (AU:TAR) ) has issued an announcement.
Taruga Minerals has reported a pivotal December 2025 quarter, securing a 12‑month option to acquire 100% of the East Normanby Gold Project and Kol Mountain Copper-Gold Project in Papua New Guinea, significantly broadening its exposure to high-grade epithermal gold and large porphyry copper-gold systems backed by extensive historical drilling. Supported by a $1.5 million capital raising that lifts pro-forma cash to about $2.5 million, the company is funded to pursue high‑impact exploration across its new PNG assets and Western Australian portfolio, where new gold-copper and polymetallic targets have been identified, while recent high-grade rock chip results at Weioko underscore near-term discovery potential and strengthen its growth platform for 2026.
More about Taruga Minerals Limited
Taruga Minerals Limited is an ASX-listed mineral exploration company focused on gold and copper assets. The company is expanding its portfolio into Papua New Guinea while continuing to explore underexplored terrains in Western Australia, targeting advanced gold systems and large-scale copper-gold porphyry opportunities.
Average Trading Volume: 5,393,262
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$18.63M
See more data about TAR stock on TipRanks’ Stock Analysis page.