Tartana Minerals (ASX:TAT) announces it has launched a corporate and strategic review following changes in board leadership.
The company has been mandated to evaluate its base and precious metals portfolio across the Chillagoe and Herberton regions in Far North Queensland, where field reconnaissance and desktop geological reviews are currently underway.
An independent technical and economic review is currently assessing the company’s copper sulphate production facility, which saw negligible production in 2026 despite significant refurbishment expenditure.
The plant’s output is committed under an offtake agreement with Kanins International, with pricing linked to LME copper prices, currently exceeding US$14,000 per tonne ($19,426 per tonne).
Current drilling at the Tartana mining leases targets copper extensions before shifting operations to the Nightflower Silver Project, where land access arrangements have enabled drilling to commence in October — its first since 2008.
Approximately 1,500m of resource extension drilling has been completed at Tartana Copper to date.
In other portfolio updates, the board has withdrawn from the Queensland Government‘s Round 10 Collaborative Exploration Initiative (CEI) grant for the Beefwood target due to land access and habitat concerns. Tartana has also terminated discussions with ALT Resources (LSE:ALTR) regarding the proposed $2.5 million divestment of a 50% interest in Queensland Strategic Metals.
Executive Chairman Sonny Didugu says shareholders provided a decisive mandate for change at the extraordinary general meeting on 17 August 2026.
“Tartana holds an expansive and genuinely prospective portfolio of base and precious metals projects with one of the largest tenement positions in the Chillagoe and Herberton regions but has not scratched the surface of what this portfolio holds,” Didugu says.
Tartana Minerals is an explorer and developer focused on metals in the Chillagoe and Herberton regions of Far North Queensland.
Write to Paula Fabe at Mining.com.au
Images: Tartana Minerals
