Tivan Shares Surge on High-Grade Timor-Leste Discovery

Tivan shares soar after high-grade copper, gold, and cobalt samples from new Timor-Leste projects. The find marks a strategic diversification, with a major 2026 exploration program planned.

A major exploration breakthrough in Southeast Asia has sent shares in Australian resource company Tivan sharply higher. Initial rock samples from its newly acquired Baucau and Ossu projects in Timor-Leste have returned exceptionally high grades of copper and gold, instantly elevating the region's profile as a potential new minerals district.

The company's geologists reported surface samples containing up to 17.4% copper and 38.1 grams per tonne of gold. Significant cobalt anomalies, with concentrations up to 0.45%, were also identified. These results not only surpass regional averages but also validate historical data from the projects, which were recently acquired from Beacon Minerals. The sites are located approximately 123 kilometers east of the capital, Dili, and exhibit geological features comparable to globally significant copper-gold deposits.

Executive Chair Grant Wilson noted the gold finds are likely to draw considerable market interest. The broader discovery marks a strategic diversification for Tivan, expanding its portfolio beyond its core Australian projects.

Investors reacted swiftly to the news. Following the lifting of a trading halt requested by the company ahead of the announcement, Tivan's stock jumped. It currently trades at 0.22 euros, representing a gain of 13.13% for the session and narrowing the gap to its 52-week high of 0.28 euros. The trading halt may remain in effect until April 13, 2026, to ensure orderly market conditions.

With these promising initial results in hand, Tivan is preparing for an extensive follow-up campaign. A large-scale exploration program is slated for the second quarter of 2026, involving further sampling, mapping, and geophysical surveys. The objective is to generate precise drilling targets to determine the depth and extent of the mineralization.

Concurrently, the company is advancing a strategic partnership with Murak Rai Timor, the state-owned mining corporation of Timor-Leste. This cooperation is designed to secure the Baucau and Ossu projects under the national mining law and promote local development, positioning Tivan as a key player in unlocking critical minerals in a previously underexplored region.

While focus intensifies on Timor-Leste, Tivan continues to advance its other assets. A drilling program is underway at its Molyhil project in Central Australia, where 13 holes aim to extend the known mineralization. The coming months will be pivotal as the company works to systematically validate the full resource potential of its new discoveries.