Tivan Reports High-Grade Fluorite from Sandover Drilling, Partners with Sumitomo for Acidspar Production
Tivan (ASX: TVN) has achieved significant high-grade fluorite results from its Sandover drilling campaign, confirming vein continuity. A strategic partnership with Sumitomo Corporation aims to advance the Sandover project and acidspar production pathways. Tivan plans further drilling and has upgraded its Mineral Resource Estimate for the Speewah Fluorite Project, indicating a total resource of 43.2 million tonnes at 8.3% CaF2. The company is also pursuing development of the Molyhil tungsten-molybdenum project in the Northern Territory.
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Tivan (ASX: TVN) reported high-grade fluorite results from its Sandover drilling campaign, confirming vein continuity and depth extension. Initial drilling revealed calcium fluoride (CaF2) intersections, including 3.4m at 71.7% CaF2.
The company established a Memorandum of Understanding with Sumitomo Corporation to advance the Sandover project and acidspar production. Tivan upgraded the Mineral Resource Estimate for the Speewah Fluorite Project to 43.2 million tonnes at 8.3% CaF2.
Additionally, Tivan completed the acquisition of the Molyhil project in Northern Territory, enhancing its critical minerals portfolio. A drilling program is planned for both Sandover and Molyhil.
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