Key points
- High-grade copper-gold mineralisation discovered at multiple prospects
- Grades up to 6.87% Cu and 24.7g/t Au identified
- Vemasse and Scorpion Prospects identified as priority targets for drilling
Full summary
Tivan Ltd has announced significant high-grade copper-gold mineralisation from its ongoing surface sampling programs at its Baucau, Ossu, and Turiscai Projects in Timor-Leste. Assay results from 574 rock chip samples have returned up to 6.87% Cu and 24.7g/t Au, with additional anomalous grades of nickel, cobalt, and silver. The results validate two copper-gold prospects at the Baucau Project, Vemasse and Scorpion, which will be prioritized for a maiden drilling campaign scheduled for Q4 2026. The findings support Tivan's exploration model and highlight the prospectivity of the Projects for high-grade mineralisation. Tivan has also commenced a large-scale drone magnetic survey across the Turiscai and Baucau Projects to refine exploration targets.
Guidance
Tivan plans to focus on defining and prioritizing targets for first-pass drilling at Baucau and Ossu Projects in Q4 2026.
Outlook
Tivan is optimistic about the potential of its projects in Timor-Leste, with a focus on transforming world-class prospectivity into actionable drilling targets.