Tivan Limited ( (AU:TVN) ) just unveiled an announcement.
Tivan Limited has been awarded seven contiguous exploration and evaluation licenses in Timor-Leste, forming the Turiscai Project, which is highly prospective for copper-gold mineralization. This strategic acquisition aligns with Tivan’s focus on critical minerals and enhances its project portfolio. The project benefits from its proximity to Tivan’s headquarters in Darwin and major transportation routes, facilitating a multi-stage exploration campaign. The award of these licenses, confirmed by the Prime Minister of Timor-Leste, underscores Tivan’s strong regional relationships and commitment to community development, potentially strengthening its position in the mining sector.
More about Tivan Limited
Tivan Limited operates in the mining industry, focusing on the exploration and development of critical and strategic minerals. The company is involved in copper and gold exploration, with a market focus on commodities with mature offtake markets. Tivan leverages its technical capabilities, strong government relationships, and access to capital markets to advance its projects.
YTD Price Performance: 50.0%
Average Trading Volume: 8,072
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $109.2M
For detailed information about TVN stock, go to TipRanks’ Stock Analysis page.