tiprankstipranks
Advertisement
Advertisement

Tivan Strengthens Turiscai Copper-Gold Potential with New High-Grade Assays

Story Highlights
Tivan Strengthens Turiscai Copper-Gold Potential with New High-Grade Assays

Claim 55% Off TipRanks

Tivan Limited ( (AU:TVN) ) has issued an update.

Tivan Limited has reported a second batch of encouraging assay results from its ongoing surface sampling program at the Turiscai copper-gold project in Timor-Leste, with 111 rock chip samples returning grades of up to 2.18% copper, 4.79g/t gold and anomalous zinc up to 1.30%, complementing previously reported higher peak grades from earlier sampling. The latest results reinforce the project’s prospectivity for porphyry-style copper-gold mineralisation across multiple locations, providing important geochemical vectors for more targeted future exploration and supporting Tivan’s decision to expand its local geology team as it advances Turiscai and prepares to commence work on the nearby Baucau and Ossu projects.

The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.33 price target. To see the full list of analyst forecasts on Tivan Limited stock, see the AU:TVN Stock Forecast page.

More about Tivan Limited

Tivan Limited (ASX: TVN) is a mineral exploration company focused on copper-gold opportunities, with its flagship Turiscai Project in Timor-Leste comprising seven Exploration and Evaluation Licences over 344km². The project targets porphyry-style copper-gold systems in a largely under-explored region that shares geological characteristics with major regional deposits such as Grasberg, Ok Tedi, Wafi-Golpu and Panguna, and Tivan is building a local geology team to support ongoing and new field programs, including at the Baucau and Ossu projects.

Average Trading Volume: 3,353,665

Technical Sentiment Signal: Buy

Current Market Cap: A$734.1M

For a thorough assessment of TVN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1