What did Tivan (ASX:TVN) announce regarding its Molyhil Tungsten Project?

Tivan secured a $141,237 exploration grant (inclusive of GST) from the Northern Territory Government under Round 19 of the Geophysics and Drilling Collaborations program.

Why does this government grant matter for Tivan (ASX:TVN) shareholders?

The grant provides non-dilutive capital to offset exploration costs, allowing Tivan to preserve its cash balance while continuing targeted drilling. It also signals ongoing regulatory validation from the Northern Territory Government, which has previously backed Tivan’s Sandover Fluorite and Sandover AI projects.

What is the geological objective of Tivan’s (ASX:TVN) upcoming drilling program at Molyhil?

The upcoming diamond drilling program is designed to test Molyhil-style tungsten-molybdenum magnetite skarn mineralisation. Tivan will target specific gravity and magnetic anomalies identified via 3D modelling to assess their scale and see if they host mineralisation outside the existing deposit.

What are Tivan Limited’s (ASX:TVN) commercial plans for the Molyhil Tungsten Project?

Tivan is currently progressing a pre-feasibility study focused on establishing mining and processing operations at the site. The goal is to produce tungsten scheelite and molybdenite concentrates specifically for export to global markets.

What are the upcoming catalysts or short-term triggers for Tivan (ASX:TVN) traders?

Traders should watch for the imminent release of assay results from Stage 1 drilling at Molyhil, which targeted four initial tungsten prospects. Additionally, results from completed geophysical surveys across both the Molyhil and Sandover projects are expected to be reported shortly.

Image for illustrative purposes only. Not a real photo.

Tivan secures NT government grant for Molyhil Project

Written by Heidi Cuthbert Published Jun 10, 2026, 4:44 AM

Tivan (ASX:TVN) has secured an exploration grant from the Northern Territory Government for its Molyhil Tungsten Project, located 220km north-east of Alice Springs.

Awarded under Round 19 of the Geophysics and Drilling Collaborations programme, the $141,237 grant (inclusive of GST) will co-fund three diamond drill holes totalling approximately 600m.

The competitive funding follows Tivan’s previous grants for the Sandover Fluorite and Sandover AI projects under Rounds 18 and 17, respectively.

The upcoming diamond drilling programme is designed to test Molyhil-style tungsten-molybdenum magnetite skarn mineralisation.

Targeting a series of coincident gravity and magnetic anomalies identified through 3D modelling, the exploration aims to assess the scale of these anomalies and evaluate their potential to host additional mineralisation outside the current deposit.

Tivan is progressing a pre-feasibility study for the project, focusing on mining and processing operations to produce tungsten scheelite and molybdenite concentrates for export.

Tivan has completed Stage 1 drilling and geophysical surveys across the Molyhil and Sandover projects, with assay results expected shortly.

The company is now advancing planning and approvals for a larger "Stage 2" diamond drilling programme, which includes applying for an environmental (mining) licence with the Department of Lands, Planning and Environment.

Tivan secures NT government grant for Molyhil Project

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