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The latest update is out from Tennant Minerals ( (AU:TMS) ).
Tennant Minerals has responded to an ASX price query after its share price climbed from $0.007 to an intraday high of $0.012 on 7 May 2026, accompanied by a surge in trading volume. The company stated it was not aware of any undisclosed information at that time that could explain the movement and emphasised that no re-assay data from its Bluebird drilling program was available to it before the afternoon of 8 May 2026.
The explorer detailed that re-assays of 27 samples from diamond drillhole BBDD0050 at Bluebird were requested as a check on earlier results due to visible gold and native copper, with residues sent for testing after the initial assays released on 1 May 2026. Tennant reported that 26 re-assay results, received on 8 May, were not materially different from the original data and outlined its processes for securely handling laboratory results and complying with ASX continuous disclosure rules, including reliance on Listing Rule 3.1A until re-assay data was actually received.
More about Tennant Minerals
Tennant Minerals Limited is an Australian mineral exploration company focused on discovering and advancing gold and copper resources. The company is actively drilling at its Bluebird project near Tennant Creek in the Northern Territory, targeting high-grade mineralisation to build its resource base and enhance its position in the junior mining sector.
Average Trading Volume: 21,340,430
Technical Sentiment Signal: Sell
Current Market Cap: A$10.66M
See more insights into TMS stock on TipRanks’ Stock Analysis page.