Strategic Copper and Gold Alliance Update
Tennant Minerals Limited (ASX:TMS)
Since formation of the Alliance in October 20241 , the Companies have been collaborating to evaluate the viability of a multi-user facility for processing of copper-gold-critical mineral resources from the Companies tenure in the region.
The stated objectives of the Alliance includes, the joint evaluation by completion of a scoping study, to be followed by a prefeasibility study (PFS), of processing options including a multi-user facility based in the Tennant Creek region. The Alliance technical teams have been active, with the following activities underway and/or complete using a combination of in-house technical teams and external consultants.
The work streams include;
▪ Resource updates for:
o CUF- Orlando and Gecko deposits
▪ Initial mineralisation models of:
o Bluebird deposit (TMS)
o Hermitage and Jasper Hills deposits (ERM)
▪ Option analysis for process plant location
▪ Underground and open pit optimisations, mine design and scheduling
▪ Metallurgical test work review and modelling, process plant flow sheet design and sizing
▪ Logistical network evaluation and optimisation
▪ Operational and capital cost estimates
▪ Consolidation of shared resources across the assets to reduce both operational and capital costs
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About us:
Tennant Minerals Limited (ASX:TMS) is a successful exploration and development company with a strong track record of discovery in the Tennant Creek area of the Northern Territory.
Tennant Mineral’s key assets are the Barkly and Babbler Copper-Gold Projects, located approximately 45km east of the major copper-gold mineral field of Tennant Creek. The Company focus is the expansion and delineation of the greenfield Bluebird high-grade copper-gold discovery.
Tennant Minerals is accelerating to grow the discovery through drilling then establish Mineral Resources and drive the project through to development.
To learn more, please visit: https://tennantminerals.com/
Contact details:
For enquiries please contact:
Stuart Usher
Joint Company Secretary
M: +61 499 900 044
Tanya Newby
Joint Company Secretary
T: +61 (8) 9481 7833
Vincent Algar
CEO
T: +61 (8) 9481 7833