Tivan Limited (ASX: $TVN) has received results from the first phase of soil and rock chip sampling for the high-grade Lead-Silver Target at the Sandover Project in the Northern Territory. The results have significantly extended the known mineralisation footprint, confirming the potential for a polymetallic lead-silver mineral deposit in the area. Tivan is progressing planning and approvals for a maiden drill program designed to test for high-grade lead and silver at Sandover, scheduled to commence in late Q2.
Today's stocktake provides a comprehensive readthrough on our Lead-Silver target at Aileron Station. The extension of the mineralisation footprint is highly significant and opens the possibility of a large high-grade polymetallic resource being discovered in central Australia. We are learning more each day and we will keep shareholders informed as we proceed.
Tivan Limited (ASX: $TVN) has extended the mineralisation footprint of the Lead-Silver Target at the Sandover Project, indicating the potential for a significant polymetallic lead-silver mineral deposit in the area. The company is progressing planning and approvals for a maiden drill program scheduled to commence in late Q2. With the extension of the mineralisation footprint, Tivan aims to continue its systematic program of soil and rock chip surveying, infill, and extensional, as well as detailed geological mapping to support the finalization of the drill program. The company's Executive Chairman, Mr Grant Wilson, emphasized the significance of the extension and expressed the possibility of discovering a large high-grade polymetallic resource in central Australia. Tivan remains committed to keeping shareholders informed as they proceed with their exploration activities.