TAR 0.00% 1.0¢ taruga minerals limited

Ann: Agreement to acquire lithium project near Manono, DRC, page-88

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  1. 213 Posts.
    I did some research on TAR whilst watching over the last couple of weeks. Ultimately I've decided to go with another play however I just thought that I'd post some information here.

    So here are some maps showing geology and finds in the areas.

    The key is as follows:
    White = Precious mineral
    Yellow = Precious metal
    Orange = Steel alloy metal
    Green = Speciality metal
    Red = Base metal
    Purple = Industrial mineral
    Blue Square = Iron
    Blue Cross = Construction material
    Brown = Alumina
    Black = Energy

    Gidgee East 100% (Application)

    gidgee.jpg

    Yaghong North 100% (Application)

    yaghong.jpg

    So on both maps you can see that base metals (red) are present in nearby areas to the south of both tenements.

    Now probably the most interesting thing that I came across when I did a tenement search was that TAR have three additional applications in the south west (outlined in gold below).

    tar.jpg

    I note that usually when a company acquires new ground they announce to the ASX however the first mention of Gidgee East and Yaghong North came in a quarterly. I wonder whether the company is working along similar lines here. I'd also be interested if anybody has familiarity with the ground east of Augusta - what your thoughts/suggestions are?

    Anyway, I know that the above isn't the buy trigger here but I think that it's interesting nonetheless. Good luck and I hope that it works out for you all.
 
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