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Tasman Resources Identifies New Conductive Target at Vulcan Project

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Tasman Resources Identifies New Conductive Target at Vulcan Project

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Tasman Resources ( (AU:TAS) ) just unveiled an update.

Tasman Resources Ltd has amended its previous announcement regarding the Vulcan project to comply with the JORC Code 2012 for reporting exploration results. The company has identified a new large conductive target area through magneto telluric and seismic surveys, located approximately 3 kilometers northeast of its most northerly drill hole VUD 008. The surveys have revealed a significant mineralized zone, which includes copper, gold, uranium, and molybdenum, with potential for higher-grade mineralization. This discovery could enhance Tasman’s exploration strategy and improve its market positioning by targeting more commercially attractive mineral deposits.

More about Tasman Resources

Average Trading Volume: 185,942

Technical Sentiment Signal: Sell

Current Market Cap: A$5.03M

Find detailed analytics on TAS stock on TipRanks’ Stock Analysis page.

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