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Taruga Minerals Limited (ASX:TAR)

ALERT: Price-sensitive ASX Announcement for TAR
Current share price for TAR : $0.019 0.001 (5.56%)+
Announcement
Release
22 Jun 2026 9:14AM
Price at Release
$0.018
Full Release
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Summary
Taruga Minerals Limited announced that the exploration licences EL2830 and EL2831 have been granted, in addition to the existing EL2590, covering a total of 488 square kilometers in the Weioko Gold District. This expansion allows Taruga to advance its exploration activities, including drilling at the Weioko Gold Deposit and prioritizing targets within the district. The company is focusing on site preparation, drilling commencement, and integrating geophysical and geological data to optimize exploration results. The approval of these licences also satisfies the conditions for the vesting of 17.5 million vendor performance rights.
Key Points
  • Exploration licences EL2830 and EL2831 granted in the Weioko Gold District.
  • Total exploration area now covers 488 square kilometers.
  • Drilling to commence at Weioko Gold Deposit.
  • Integration of geophysical and geological data for target prioritization.
  • Conditions met for vesting 17.5 million vendor performance rights.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.