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An update from DY6 Metals Ltd. ( (AU:TSK) ) is now available.
Tusker Minerals has outlined the high-grade potential of its Douala Basin heavy mineral sands project on Cameroon’s coast, a 2,580km² licence area located within 50 km of the deep-water port of Douala. Historical sonic and hand-auger drilling by previous owner Eramet showed consistent, near-surface mineralisation containing rutile, zircon, ilmenite and possible monazite, indicating a potentially low strip ratio and favourable logistics.
The company has appointed Mineral Technologies to define a JORC-compliant Exploration Target over the confirmed high-grade zones, providing an initial assessment of scale and grade. Tusker plans targeted infill drilling from the third quarter of 2026, supported by its in-house heavy mineral sands laboratory in Yaoundé, as it advances Douala as a complementary asset to its Central Rutile Project and strengthens its exposure to critical minerals demand.
More about DY6 Metals Ltd.
Tusker Minerals Ltd is an African-focused exploration company developing a portfolio of critical mineral assets in Cameroon and Malawi. Its key projects include the Central Rutile and Douala Basin heavy mineral sands projects in Cameroon, alongside the Machinga heavy rare earths and Mzimba rutile projects in Malawi, positioning the company in the supply chain for decarbonisation-related minerals.
Average Trading Volume: 164,401
Technical Sentiment Signal: Hold
See more data about TSK stock on TipRanks’ Stock Analysis page.