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Tivan Limited ( (AU:TVN) ) has issued an update.
Tivan Limited has commenced its maiden drilling program at the Sandover Fluorite Project in the Northern Territory, aiming to assess the extent of mineralization and provide core samples for preliminary metallurgical assessment. The project is strategically positioned near the Molyhil Tungsten-Molybdenum Project, and Tivan plans to conduct the drilling in two stages, with a follow-up program scheduled for February 2026. The company has received $150,000 in exploration grants from the Northern Territory Government and has partnered with Sumitomo Corporation to advance the project’s development. Tivan is evaluating both expedited and traditional project pathways to produce metspar and acid-grade fluorspar, with a preliminary assessment expected in Q1 2026.
More about Tivan Limited
Tivan Limited is a company operating in the mining industry, focusing on the exploration and development of mineral projects. Its primary products include fluorite, and it is actively engaged in projects such as the Sandover Fluorite Project in the Northern Territory and the Speewah Fluorite Project in Western Australia. The company aims to define fluorite deposits of sufficient size and grade to support mining and processing operations, with a market focus on producing metspar and acid-grade fluorspar.
Average Trading Volume: 3,072,324
Technical Sentiment Signal: Buy
Current Market Cap: A$560.9M
Learn more about TVN stock on TipRanks’ Stock Analysis page.