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Tali Resources Ltd (ASX:TR2)

ALERT: Price-sensitive ASX Announcement for TR2
Current share price for TR2 : $0.300 -0.28 (-48.28%)+
Announcement
Release
10 Nov 2025 8:18AM
Price at Release
$0.580
Full Release
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Summary
Tali Resources Ltd, operating under ASX: TR2, announced significant findings from their recent ground-based gravity and passive seismic surveys at the West Arunta Project in Western Australia. The surveys identified substantial gravity anomalies at the Khya and Vanda prospects, with the potential to uncover various mineralization styles in an area previously unexplored. These findings, which indicate that the bedrock is shallower than previously thought, led to the award of a $220,000 Exploration Incentive Scheme grant to fund further drilling. The company plans to continue exploration in 2026, aiming to solidify its prospects within the West Arunta Project. The survey data was verified by Resource Potentials Pty Ltd and supported by Atlas Geophysics. Tali Resources remains committed to its strategic exploration efforts underpinned by experienced leadership and advanced geological techniques.
Key Points
  • Significant anomalies identified from gravity surveys at Khya and Vanda prospects.
  • Khya prospect features a 2.0km gravity anomaly coinciding with a 3.5km magnetic high.
  • Vanda prospect shows three 2.0km gravity anomalies aligning with magnetic highs.
  • Passive seismic data suggests shallower bedrock than previously interpreted.
  • Awarded $220,000 EIS grant for drill testing both prospects.
  • Planning additional surveys and drilling for 2026.
  • Verified by Resource Potentials; supported by Atlas Geophysics.
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.