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An update from Tennant Minerals Limited ( (AU:TMS) ) is now available.
The Tennant Creek Alliance, comprising Tennant Minerals Limited, CuFe Ltd, and Emmerson Resources Ltd, has provided an update on their collaborative efforts to evaluate a multi-user facility for processing copper-gold-critical mineral resources in the Tennant Creek region. The Alliance is conducting a scoping study and pre-feasibility study to explore processing options, including resource updates, mineralisation models, and logistical evaluations. The initiative is supported by current market trends and a letter of support from the Northern Territory Mines Minister, highlighting its potential economic benefits for the region and Australia.
More about Tennant Minerals Limited
Tennant Minerals Limited, along with its partners CuFe Ltd and Emmerson Resources Ltd, operates in the mining industry, focusing on the exploration and processing of copper, gold, and critical minerals in the Tennant Creek region of the Northern Territory, Australia.
Technical Sentiment Signal: Buy
Current Market Cap: €5.31M
Learn more about TMS stock on TipRanks’ Stock Analysis page.