Key points
- Tivan receives final regulatory and cultural heritage approvals for Molyhil Tungsten Project
- Approvals pave way for 8,000m drilling program
- Project hosts a significant Mineral Resource Estimate of 4.647 million tonnes
- Tungsten and molybdenum are critical minerals for various industries
- Tivan is progressing a Pre-Feasibility Study
Full summary
Tivan Ltd has secured final regulatory and cultural heritage approvals for its Molyhil Tungsten Project in the Northern Territory. These approvals allow for the commencement of an 8,000m development-focused drilling program across multiple disciplines. The project hosts a JORC Code (2012) Measured, Indicated, and Inferred Mineral Resource Estimate of 4.647 million tonnes at 0.26% WO3 (tungsten trioxide) and 0.09% Mo (molybdenum). The multidisciplinary drilling program will generate resource, metallurgical, geotechnical, and hydrogeological data to support feasibility studies, approvals, and development planning. Tivan is also progressing a Pre-Feasibility Study for the project, in parallel to approvals and development planning workstreams, and exploration activity targeted at resource expansion.