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Tartana Minerals Limited (ASX:TAT)

ALERT: Price-sensitive ASX Announcement for TAT
Current share price for TAT : $0.016 -0.01 (-38.46%)+
Announcement
Release
23 Apr 2026 1:29PM
Price at Release
$0.026
Full Release
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Summary
Tartana Minerals Limited (ASX: TAT) has announced a strategic $4.5 million capital raising led by Alpine Capital, which will enable the acceleration of drilling activities across key exploration projects, as well as increase existing copper, zinc, and gold resources. The company is focused on optimizing its existing copper sulphate pentahydrate production and expanding its resource base, particularly in the Mountain Maid and Cardross projects, which hold significant gold deposits. Tartana Minerals holds one of the largest tenement positions in Far North Queensland, with interests in tin, tungsten, antimony, and rare earths. The company is also enhancing its copper production capacity by leveraging the Mungana processing plant and exploring further opportunities in the Nightflower Project, known for its rich silver-lead-antimony deposits.
Key Points
  • Tartana Minerals Limited undertook a $4.5 million capital raising led by Alpine Capital.
  • The company focuses on copper sulphate pentahydrate production and aims to increase copper resources.
  • Key projects include Mountain Maid and Cardross with significant gold resources.
  • Zinc resources total 39,000 tonnes and are open at depth on a mining lease.
  • Exploration targets include silver-lead-antimony at the Nightflower Project.
  • Tartana Minerals holds extensive tenement positions in Far North Queensland.
  • The company plans to refurbish the heap leach and solvent extraction plant to optimize production.
  • Copper production is linked to the LME copper price plus a premium.
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.