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Tali Resources Ltd (ASX:TR2)

ALERT: Price-sensitive ASX Announcement for TR2
Current share price for TR2 : $0.300 -0.315 (-51.22%)+
Announcement
Release
4 Sep 2025 8:19AM
Price at Release
$0.615
Full Release
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Summary
Tali Resources Ltd has concluded an initial reverse circulation (RC) drilling program at its West Arunta Project, encompassing 12 drillholes totaling 1,818 meters across five prospects: Chilka, Lonar, Maton B, Maton C, and Gibson East. The drilling was completed on time and within budget. Samples from the drilling are currently being transported for laboratory analysis, with results anticipated in the December quarter. The program received financial support through a $180,000 Exploration Incentive Scheme grant from the Western Australian Department of Mines, Petroleum, and Exploration. Further exploration initiatives, including ground-based gravity and passive seismic surveys, are underway to expand the project's potential.
Key Points
  • Completion of an initial RC drilling program at West Arunta Project
  • 12 drillholes completed totaling 1,818 meters
  • Drilling targeted five prospects: Chilka, Lonar, Maton B, Maton C, Gibson East
  • Samples are being sent for laboratory analysis with results expected by December
  • Received $180,000 grant from Western Australian Department of Mines
  • Further exploration initiatives planned, including gravity and seismic surveys
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.