Tivan awarded new exploration concession at Turiscai under Timor-Leste mineral tender process

• Tivan has been awarded a new Exploration and Evaluation License MEL2025-CA-ZC004 located immediately north of the Company’s existing Turiscai Project in Timor Leste.
• The new license was awarded under the Second Minerals Tender 2025 following a competitive tender process administered by the National Mineral Authority, Autoridade Nacional dos Minerais.
• Tivan is exploring for copper and gold mineralisation at the Turiscai Project, including porphyry and volcanogenic massive sulphide (VMS) style deposits.
• The expanded Turiscai Project will comprise eight Exploration and Evaluation Licences covering approximately 394 km², further consolidating Tivan’s regional footprint and providing additional prospective ground contiguous with the Company’s existing exploration tenure.

Comment from Executive Chairman of Tivan Limited

Mr Grant Wilson commented:

“Tivan is very pleased to have been awarded this additional concession in what was a very competitive Second Minerals Tender in Timor-Leste. This was our sole bid, based on the highly encouraging progress we have made at the Turiscai Project, along with our extensive and constructive engagement with the local community.

We will integrate this concession into our work programs, while continuing to advance current workstreams, that are focused on completing our large-scale magnetic drone survey, in support of the commencement of maiden drilling in the final quarter of this year”.

The full ASX Announcement is available here.