Tivan Limited today announced promising early-stage exploration findings at its Turiscai Project in Timor-Leste. During the first week of fieldwork led by a local geology team, outcropping copper mineralisation was visually confirmed at two key sites, Mota Sohi and Mota Klere, located within an area spanning 344km² under seven Exploration and Evaluation Licenses. The project area, with geological similarities to major deposits like Grasberg and Ok Tedi, benefits from efficient transportation links being situated just 40km south of Dili. Field activities in Stage 1 of the exploration program have focused on systematic geological mapping and sample collection, with 51 locations visited and 20 rock samples collected. Visual observations identified copper-bearing minerals such as bornite, chalcopyrite, azurite, and malachite, with estimated mineral abundances ranging from 0.25% to 25% in various outcrops. Stage 1 results include samples from areas along the Manufahi Municipality’s rivers, where water conditions occasionally constrained access. Assay results from these samples are anticipated between September and December 2025, pending formal export authorisation from local authorities. Processing of batched samples is planned at laboratories in Brisbane once clearance is secured. The Turiscai Project’s exploration strategy has been enhanced by strong local partnerships with Timor-Leste’s Instituto de Geociências and Autoridade Nacional dos Minerais, alongside the appointment of a Country Representative based in Dili. This collaborative approach is designed to maximise fieldwork opportunities before the onset of the wet season and aims to set the stage for preliminary resource drilling planned for Q2 2026. Bullish sentiment emerges as the company validates its positive desktop assessments with tangible field evidence and expands local capabilities to boost efficiency in exploration. Investors may find the planned assay schedule, the strategic location, and the robust geological parallels to other major copper-gold deposits encouraging for potential resource development. Conversely, bearish sentiment might be noted given the inherent risks associated with early-stage exploration, including the reliance on visual estimates rather than confirmed laboratory assays, potential delays due to local authorisations, and the challenges posed by weather conditions on fieldwork.