
October 30, 2024
Copper production and Metallurgical Test Results
Tartana Minerals Limited (ASX: TAT) (the Company), is pleased to announce it had achieved a strong quarter with higher production levels providing revenue in excess of A$1 million for the quarter. Production has continued during October with the production of more than 135 tonnes and we are targeting at least two shipments by month end.
Highlights:
- Sales revenue increasing: cash receipts of US$725K (A$1,039k) on sales of 295 tonnes of copper sulphate pentahydrate during the quarter.
- Tartana D15 assays confirm board zones of copper mineralisation including 76 m @ 0.60% Cu, 178 m @ 0.40% Cu or 221 m @ 0.35% Cu, - all from 31 m depth downhole.
- Excellent flotation copper recoveries (89%) from whole ore to saleable copper concentrate grading 21 % w/w Cu when testing a sample that was below the resource grade average.
- Bulk sample ore sorting results indicate that using this process will result in a 72% grade increase and recover 71% of the contained copper.
- New EPM 29119 application (Caldera Rim) east of Tartana mine site and complementing the recent Bottle Bird application (EPM 29067) near the Company’s Nightflower Silver project.
- Potential merger with Queensland Strategic Metals Pty Ltd to provide exploration tenure with exposure to critical and strategic metals (tin, tungsten, antimony) including two new copper projects.
Metallurgical drillhole D15 assays and metallurgical testwork results provide a positive outlook for development of the Tartana open pit. The broad zones of copper mineralisation provides an opportunity for mine planning to incorporate a low strip ratio with the mineralisation also exhibiting high recoveries to a concentrate. Portions of the resource (e.g. lower grade portions) or the total resource can be upgraded through Tomra ore sorting.
With the positive results the Company is completing a Scoping Study incorporating options to potentially use nearby plants and/or develop a large scale plant at the Tartana mine site and which is separate from the existing copper sulphate pentahydrate production facility.
Our exploration activities are progressing as we establish a significant presence in Far North Queensland. We have recently lodged two new EPM applications (Bottle Bird and Caldera) in areas east of Tartana and which are The Company has proposed a merger with Queensland Strategic Metals Pty Ltd which requires shareholder approval. This entity has portfolio of exploration tenements covering tin, tungsten, antimony and copper prospects which will complement Tartana Mineral’s existing exploration portfolio. In particular, it holds a group of tenements on the southern part of this caldera chain which covers the tin fields including areas which have been held tightly for decades. These tenements abut Tartana Mineral’s own Emuford application, and which provides the Company with a dominant position in this prospective region.
A key prospect is Daisy Bell which rises above the surrounding plain and hosts tin, tungsten and copper mineralisation which appears continuous along strike for more than one kilometre. Elsewhere, the Ortona project south of Georgetown has high grade copper at surface in a series of parallel veins with nickel and cobalt mineralisation present in some of the more easterly veins (see ASX release dated 18 October 2024).
Click here for the full ASX Release
This article includes content from Tartana Minerals Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
TAT:AU
The Conversation (0)
12 August
Financing Update and AGM Date
Tartana Minerals (TAT:AU) has announced Financing Update and AGM DateDownload the PDF here. Keep Reading...
31 July
Quarterly Activities/Appendix 5B Cash Flow Report
Tartana Minerals (TAT:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
13 May
Director led financing and change of Chairman
Tartana Minerals (TAT:AU) has announced Director led financing and change of ChairmanDownload the PDF here. Keep Reading...
30 April
Quarterly Activities/Appendix 5B Cash Flow Report
Tartana Minerals (TAT:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
24 April
Beefwood Project Clarification and Drilling Update
Tartana Minerals (TAT:AU) has announced Beefwood Project Clarification and Drilling UpdateDownload the PDF here. Keep Reading...
12h
Top 5 Australian Mining Stocks This Week: Nova Minerals Rides on Growing Antimony Interest
Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks listed on the ASX, starting with news in Australia's resource sector.Antimony-focused gold company Nova Minerals takes the lead in this week's list, alongside mining stocks focused on gold, lithium and... Keep Reading...
12h
Gold Price Rallies "Like a Meme Stock," Breaks US$4,200 Again
As its record-setting year continues, gold is on its way to posting its strongest annual performance since 1979, up an impressive 58 percent year-to-date as of Wednesday (November 12). The yellow metal once again broke past US$4,200 per ounce this week, moving closer to its all-time high of... Keep Reading...
12h
Top 7 ASX Gold ETFs in 2025
The price of gold reached record highs in 2025, driven by global economic uncertainty stemming from shifting US trade policy and escalating geopolitical tensions in the Middle East.For many investors, gold is a tool for diversification. The precious metal is known for its ability to act as a... Keep Reading...
13h
Mount Hope Mining Reports High-grade Gold Results, Attracts New Investors, CEO Says
Mount Hope Mining (ASX:MHM) has announced strong assay results from its maiden drilling program at the Mount Solitary gold prospect in New South Wales’ Cobar region, highlighting the potential for a significant high-grade gold system. CEO and Managing Director Fergus Kiley said the campaign... Keep Reading...
18h
Lahontan Receives BLM Approval Of Santa Fe Exploration Plan Of Operations
Lahontan Gold Corp. (TSXV:LG)(OTCQB:LGCXF)(FSE:Y2F) (the "Company" or "Lahontan") is pleased to announce that the Federal Bureau of Land Management ("BLM") has published its Decision Record ("DR"), Finding of No Significant Impact ("FONSI"), and approval of the Company's Exploration Plan of... Keep Reading...
20h
$25M+ Strategic JV Agreement with Endeavour Mining for Gold Exploration in Kazakhstan
East Star Resources Plc (LSE: EST), the Kazakhstan-focused gold and base metals explorer, is pleased to announce that it has entered into a binding Earn-In and Joint Venture Agreement (the "Agreement") with Endeavour Exploration Limited ("Endeavour"), a subsidiary of Endeavour Mining PLC (LSE:... Keep Reading...
Latest News
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00






