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Tivan Limited ( (AU:TVN) ) has shared an announcement.
Tivan Limited has confirmed the presence of copper mineralisation at its Turiscai Project in Timor-Leste, following the first week of fieldwork by its geology team. The project spans a 344km² area and is strategically located near Dili, benefiting from existing transportation routes. The initial exploration activities have identified two sites with significant copper mineralisation, and the company plans to continue its systematic exploration program, with assay results expected in September. This development could enhance Tivan’s positioning in the copper-gold exploration sector, potentially leading to future exploration targets and increased stakeholder interest.
More about Tivan Limited
Tivan Limited operates in the mining industry, focusing on the exploration and evaluation of mineral resources. The company is engaged in identifying and developing copper-gold deposits, with a strategic emphasis on projects with geological settings similar to major deposits in Papua New Guinea and Indonesia.
Average Trading Volume: 1,471,176
Technical Sentiment Signal: Hold
Current Market Cap: A$183.1M
For an in-depth examination of TVN stock, go to TipRanks’ Overview page.