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Tasman Resources Advances Lake Torrens Project with Fortescue

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Tasman Resources Advances Lake Torrens Project with Fortescue

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Tasman Resources ( (AU:TAS) ) has issued an announcement.

Tasman Resources Ltd announced its activities for the quarter ending June 30, 2025, highlighting progress in the Lake Torrens IOCG Project, a joint venture with Fortescue Ltd. Fortescue, which holds a 51% stake, is preparing for a magnetotelluric (MT) survey to explore the electromagnetic properties of the Titan and Bill’s Lookout prospect areas. This survey aims to identify conductivity anomalies associated with existing gravity and magnetic anomalies, potentially impacting the project’s development and stakeholder interests.

More about Tasman Resources

Tasman Resources Ltd is a company involved in the mining industry, focusing on mineral exploration projects. Its primary activities include the development of iron oxide-copper-gold (IOCG) prospects, particularly through joint ventures such as the Lake Torrens Project in South Australia.

Average Trading Volume: 189,856

Technical Sentiment Signal: Sell

Current Market Cap: A$5.03M

For detailed information about TAS stock, go to TipRanks’ Stock Analysis page.

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