Tivan extends Turiscai Project in Timor-Leste

Key points

• Tivan awarded Exploration and Evaluation License MEL2025-CA-ZC004
• License located north of existing Turiscai Project
• Expands project area to 394 km², enhancing copper-gold exploration potential

Full summary

Tivan Ltd (ASX: TVN) has been awarded Exploration and Evaluation License MEL2025-CA-ZC004 under the Timor-Leste Second Minerals Tender 2025. The new license, located north of the existing Turiscai Project, covers approximately 50 km² and expands the project's total area to approximately 394 km². The Turiscai Project, located 40 km south of Dili, is considered prospective for copper-gold mineralization. Tivan's in-country geology team has completed extensive mapping and rock chip sampling, returning assays grading up to 23.1% Cu and 7.19 g/t Au. The new license provides additional prospective ground contiguous with the existing exploration tenure, offering opportunities for further exploration and potential mineral discoveries.