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The latest update is out from Tasman Resources ( (AU:TAS) ).
Tasman Resources Ltd has received a report from FMG Resources Pty Ltd, a subsidiary of Fortescue Ltd, interpreting data from a Magnetotelluric survey over the Titan West and Titan East prospects. The survey has identified a significant conductive body at Titan West, which may indicate sulfide-rich lithologies. As a result, Fortescue plans to conduct a drill program in 2026 to further explore the potential of the Titan West prospect, which could have implications for the company’s operations and its positioning within the mineral exploration industry.
More about Tasman Resources
Tasman Resources Ltd is a company involved in the exploration and development of mineral resources, focusing on Iron-Oxide Copper-Gold (IOCG) style targets. The company is actively exploring prospects such as Titan West and Titan East, which are situated approximately 35 km north of Olympic Dam.
YTD Price Performance: 80.0%
Average Trading Volume: 574,381
Technical Sentiment Signal: Sell
Current Market Cap: A$9.38M
For detailed information about TAS stock, go to TipRanks’ Stock Analysis page.