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The latest update is out from Tasman Resources ( (AU:TAS) ).
Tasman Resources Ltd reported on its activities for the quarter ending September 30, 2025, highlighting progress in the Lake Torrens IOCG Project, where it holds a 49% stake in a joint venture with Fortescue Ltd. During the quarter, Fortescue completed a significant Magnetotelluric (MT) survey over the Titan and Bill’s Lookout prospect areas, achieving 179 out of 185 planned MT stations. This survey aims to investigate the electromagnetic properties and dimensionality of the basement geology, potentially enhancing the understanding of the mineral systems in the area.
More about Tasman Resources
Tasman Resources Ltd is involved in the mineral exploration industry, focusing on projects with potential for iron oxide-copper-gold (IOCG) deposits. The company operates in a joint venture with Fortescue Ltd on the Lake Torrens Project in South Australia, which is located near BHP’s Olympic Dam mine.
Average Trading Volume: 420,290
Technical Sentiment Signal: Sell
Current Market Cap: A$8.51M
See more insights into TAS stock on TipRanks’ Stock Analysis page.