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Tivan Limited ( (AU:TVN) ) has provided an update.
Tivan Limited has formally received six Exploration and Evaluation Licenses for the Baucau and Ossu projects in Timor-Leste, covering 289 square kilometres and further consolidating its position in the country’s emerging minerals sector. The licenses were presented at official community ceremonies hosted by Timor-Leste’s Minister of Petroleum and Mineral Resources and attended by national, municipal and community leaders alongside Tivan’s Australian and local teams.
The events were framed as a key step in building Tivan’s social licence to operate, introducing the company to local stakeholders and reinforcing government support for its activities. With earlier sampling at Baucau and Ossu indicating high-grade copper-gold and cobalt mineralisation, the reissued licenses following Tivan’s acquisition of the projects from Beacon Minerals are expected to underpin the company’s exploration pipeline and enhance its strategic footprint in the southern Outer Banda Arc region.
More about Tivan Limited
Tivan Limited (ASX: TVN) is an Australian resources company focused on exploration and evaluation of mineral projects, with a growing presence in Timor-Leste. Its portfolio now includes the Turiscai, Baucau and Ossu projects, targeting high-grade copper-gold and associated minerals in underexplored but prospective geological settings along established transport corridors.
Average Trading Volume: 4,249,959
Technical Sentiment Signal: Buy
Current Market Cap: A$759.9M
Find detailed analytics on TVN stock on TipRanks’ Stock Analysis page.