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Tivan Limited ( (AU:TVN) ) has provided an update.
Tivan Limited has reported the discovery of high-grade copper-gold mineralisation across multiple sites at its recently acquired Baucau and Ossu projects in Timor-Leste, with surface rock chip assays returning up to 17.4% copper, 38.1 grams per tonne gold and anomalous cobalt of up to 0.45%. These results, which align with historic exploration data and materially enhance the geological record for the country, reinforce the projects’ prospectivity in an underexplored region that shares geological characteristics with some of the world’s major copper-gold deposits.
Building on prior work completed by former licence holder Beacon Minerals, Tivan plans to begin regional scale on-ground exploration in the second quarter, including further surface sampling, mapping and new geophysical surveys to generate drill targets. The positive assays and planned exploration program position the company to advance Baucau and Ossu as potential high-grade copper-gold-cobalt assets, potentially strengthening its pipeline and Timor-Leste’s profile as an emerging destination for mineral investment.
The most recent analyst rating on (AU:TVN) stock is a Hold with a A$0.30 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 is an ASX-listed resources company focused on mineral exploration, with current activity centred on copper, gold and cobalt projects in the Democratic Republic of Timor-Leste. Its Baucau and Ossu projects lie along established transport corridors east of the capital Dili, in an underexplored but highly prospective geological setting known for major copper-gold deposits across the region.
The company recently acquired these Timor-Leste licences from Beacon Minerals and is building on historical fieldwork that included mapping, sampling and ground geophysics. The projects host rock units and structural settings considered favourable for volcanogenic massive sulphide and magnetite skarn-style mineral systems, supporting Tivan’s strategic focus on high-grade copper-gold opportunities.
Tivan’s exploration strategy aims to advance these projects from early-stage surface sampling towards drill-ready targets, leveraging both new field data and existing geophysical datasets. The company’s push into Timor-Leste underscores its drive to secure prospective assets in emerging mineral districts with limited prior exploration but proven regional analogues.
Average Trading Volume: 4,429,559
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$748.4M
Learn more about TVN stock on TipRanks’ Stock Analysis page.