Tivan Mobilises for Tungsten Drilling at Molyhil

Why It Matters

The drilling could expand Tivan’s tungsten reserve base, strengthening its position in the critical‑minerals supply chain, while the upcoming scoping study will clarify the project's economic viability for investors.

Key Takeaways

• Tivan begins 13‑hole, 1,950 m drilling at Molyhil.
• Program targets new tungsten zones beyond current resource.
• Scoping study for Molyhil mining to be released this month.
• Sandover fluorite drilling planned: 58 holes, 6,405 m total.
• Geophysical surveys continue across both projects to refine targeting.

Pulse Analysis

Global demand for tungsten, driven by renewable‑energy technologies and defense applications, has placed Australia at the forefront of critical‑minerals exploration. Tivan’s mobilisation signals confidence in the country’s geological potential and its ability to secure the necessary regulatory and cultural approvals. By targeting high‑priority zones identified through historic geophysical surveys, the company hopes to add significant tonnage to its existing JORC‑compliant resource, a move that could attract strategic partnerships and financing.

The 13‑hole, 1,950‑metre program at Molyhil is designed to test extensions of the current 0.26% WO₃ resource envelope. Successful intersections would not only boost reserve estimates but also provide data for the scoping study due later this month, which will outline capital requirements, processing routes, and projected cash flows. Securing an Environmental (Mining) Licence and cultural heritage clearances underscores Tivan’s proactive stakeholder engagement, reducing the risk of future project delays.

Beyond tungsten, Tivan’s adjacent Sandover fluorite project adds diversification to its portfolio, with a planned 58‑hole, 6,405‑metre campaign targeting high‑grade calcium fluoride. Fluorite’s role in aluminum production and specialty chemicals makes it a valuable by‑product. The combined drilling efforts, ongoing geophysical work, and a second‑phase plan that includes metallurgical testing position Tivan to deliver a more robust, multi‑commodity development pipeline, potentially enhancing its market valuation and appeal to investors focused on critical‑minerals exposure.