Tivan (ASX:TVN) received regulatory approval from the Department of Lands, Planning and Environment to start a maiden drilling program at the Sandover Project in the Northern Territory, according to a Thursday filing with the Australian Securities Exchange.
Earth AI, the resource company's partner, will conduct the exploration drilling, with financial support from the Northern Territory government.
The company plans to start drilling in the fourth quarter of 2024, the filing said.
The company's shares rose past 2% in recent Thursday trade.
Price (AUD): $0.05, Change: $+0.001, Percent Change: +2.13%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments