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Tivan Limited (ASX:TVN)

ALERT: Price-sensitive ASX Announcement for TVN
Current share price for TVN : $0.175 -0.065 (-27.08%)+
Announcement
Release
25 Aug 2026 9:55AM
Price at Release
$0.240
Full Release
download
Summary
Tivan Limited has received final regulatory approval from the Northern Territory Government and a Sacred Site Clearance Certificate from the Central Land Council to commence its maiden drilling program at Walshy's Wall, located within the Sandover Fluorite Project. Walshy's Wall, identified as a manganese-barite gossan, demonstrated high mineral potential through rock chip sampling, revealing notable levels of manganese, copper, beryllium, tungsten, and ultra high-grade fluorite. The drilling, planned to start in October, will be conducted in two stages, initially focusing on nine priority holes along the gossan to explore potential subsurface mineralization that could indicate a polymetallic system.
Key Points
  • Tivan receives final approvals for drilling at Walshy's Wall.
  • Walshy's Wall is part of the Sandover Fluorite Project.
  • The site contains manganese-barite gossan with up to 44.8% manganese.
  • Elevated copper, beryllium, and tungsten levels suggest a hydrothermal system.
  • Ultra high-grade fluorite up to 98.4% CaF2 identified.
  • 31 reverse circulation drill holes planned, starting with nine priority holes in October.
  • Approval includes a Sacred Site Clearance Certificate from the Central Land Council.
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.