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Tivan Limited ( (AU:TVN) ) has issued an update.
Tivan Limited has initiated a maiden diamond drilling program at its high-grade lead-silver target at Aileron, part of the Sandover AI Project, following the execution of a Land Access & Compensation Agreement with Aileron Station. This significant milestone marks a strategic advancement for Tivan, as they collaborate with EARTH AI to assess the potential for a polymetallic mineral deposit. The company has secured necessary approvals and is working with the Northern Territory Government on a Regional Logistics Hub, aiming to enhance operational efficiencies and reduce haulage costs. The drilling program and subsequent geophysics work are expected to provide insights into the potential mineral resources in the area.
More about Tivan Limited
Tivan Limited is a company operating in the mining and exploration industry, focusing on the development and exploration of mineral projects. The company is involved in projects targeting high-grade lead and silver mineralization, with a particular emphasis on the Sandover AI Project in the Northern Territory, Australia.
YTD Price Performance: -13.33%
Average Trading Volume: 7,445
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $138.5M
Learn more about TVN stock on TipRanks’ Stock Analysis page.
