Tivan Limited has returned broad high-grade fluorite intersections from its Stage Two reverse circulation drilling program at the Sandover Fluorite Project in the Northern Territory, highlighted by a peak intersection of 3m at 74.3% CaF2 from 28m in hole SAF26_REXP031.

The campaign comprised 58 reverse circulation holes for a total of 5,884m drilled across seven fluorite reefs. Significant intercepts include 18m at 25.1% CaF2 from 30m, which encompasses a 7m section grading 54.9% CaF2 from 36m in hole SAF26_REXP019. Drilling also returned 17m at 19.9% CaF2 from 92m, including 6m at 45.9% CaF2 from 93m, in hole SAF26_REXP033, alongside 21m at 14.5% CaF2 from 88m (including 7m at 33.4% CaF2 from 89m) in hole SAF26_REXP027.

The broad intercepts span approximately 2.25km of outcrop across three primary vein systems, designated as Reefs A, C and E, which have been identified as priority targets for future work. Mineralisation remains open along strike and at depth, while the program also identified fluorite stockwork mineralisation adjacent to the primary veins. Reported vein intercepts represent downhole lengths.

Tivan acquired the Sandover Fluorite Project through a Binding Term Sheet in November 2024 and completed the transaction in March 2025 following the transfer of tenement EL34050. The asset is situated approximately 230 kilometres north-east of Alice Springs and lies adjacent to the company's Molyhil Tungsten-Molybdenum Project.

“Since the start of Tivan our Board has been focused on the acquisition and development of long-duration assets that can support our corporate trajectory and the intrinsic value of our balance sheet. Today illustrates the first, but not the last, example of those efforts. We acquired the Sandover Fluorite Project for a million dollars in November 2024, when there was no understanding of its significance. Through diligent efforts over the past two years, and our strong relationships in Central Australia, we have today demonstrated its world-class potential.”

“Open at strike and at depth, Sandover now represents long-term security of supply of high-grade fluorite for our trusted partners in Japan.”

— Grant Wilson, Executive Chairman

Following the completion of the Stage Two assays, Tivan intends to develop an Exploration Target for the project. The company is also planning a Stage Three drilling program to support the potential future definition of a maiden Mineral Resource Estimate, as exploration advances across the Northern Territory acreage.

Read the full announcement: Tivan advances world-class Sandover Fluorite Project