Tivan's Sandover Project: High-Grade Lead Identified

Tivan Limited (ASX: $TVN) has confirmed the identification of a new high-grade lead target at its Sandover Project in the Northern Territory. The surface sampling program revealed a lead target with up to 12.2% Pb, predicted by proprietary artificial intelligence technology. The project covers an area of approximately 8,000km2 and is located 100km north of Alice Springs.

Executive Commentary on Lead Identification

Mr Grant Wilson, Executive Chairman of Tivan, expressed his excitement about the potentially historic discovery, emphasizing the transformative impact of AI-driven exploration. He highlighted the significance of the find and the potential for a major project near Alice Springs, reflecting on the journey ahead for shareholders and stakeholders of Tivan.

Summary of High-Grade Lead Identification at Sandover Project

Tivan Limited (ASX: $TVN) has identified a new high-grade lead target at its Sandover Project in the Northern Territory, with up to 12.2% Pb returned from surface rock assays. The company plans to conduct further work, including detailed geological mapping, surface sampling, and a maiden drill program design. The proximity to rail infrastructure and ongoing engagement with the Central Land Council indicate the potential for efficient logistical support and a comprehensive agreement in respect of cultural heritage and sacred site clearances. Tivan is on track to commence drilling in Q2 2024, subject to relevant approvals and agreements, following the successful target generation and identification program at Sandover.