Core Viewpoint - Tivan has made significant advancements in its critical minerals portfolio, highlighted by high-grade fluorite results from the Sandover drilling campaign, a strategic partnership with Sumitomo Corporation, and the completion of the Molyhil acquisition [1][4][9]. Group 1: Sandover Fluorite Project - Tivan's initial drilling at the Sandover Fluorite Project revealed ultra high-grade calcium fluoride (CaF2) intersections, with the best result being 3.4m at 71.7% CaF2 from 36.8m [2] - Additional notable intercepts include 20.3m at 18.9% CaF2 from 24m (including 6.2m at 37.7% CaF2) and 15.5m at 22.4% CaF2 from 56.5m (including 5.4m at 32.1%) [2] - Mineralisation was also intercepted at 8m at 25.1% CaF2 from 34m (including 4.5m at 41.6% CaF2), indicating wider mineralisation at depth than initially mapped [3] Group 2: Strategic Partnerships - Tivan has established a Memorandum of Understanding (MoU) with Sumitomo Corporation to advance the Sandover project, supporting development and potential offtake pathways for acidspar production [4] - The collaboration is expected to enhance metallurgical work, which has shown favorable conditions for acidspar production with low levels of deleterious elements [4] Group 3: Future Plans and Resource Estimates - Tivan plans to commence a Stage Two RC drilling program in April 2026, consisting of 58 holes for a total of 6,825m to further delineate the resource [5] - The Mineral Resource Estimate (MRE) for the Speewah Fluorite Project has been upgraded by 16% to 43.2 million tonnes at 8.3% CaF2, containing 3.588 million tonnes of CaF2, with a significant high-grade component of 9.6 million tonnes at 20.6% CaF2 [6][7] Group 4: Molyhil Acquisition - Tivan completed the 100% acquisition of the Molyhil tungsten-molybdenum project for $8.75 million, adding a resource of 4.647 million tonnes at 0.26% WO3 and 0.09% Mo [9] - A drilling program of 13 holes for approximately 1,950m is planned to commence in March 2026 to explore for resource expansion at Molyhil [9] - Tivan is targeting a Final Investment Decision for Molyhil in Q4 2027, supported by deferred payments totalling $5.25 million [10] Group 5: Funding and Support - Tivan's growth is supported by strong partnerships and funding initiatives, including a joint venture with Sumitomo Corporation and JOGMEC, with initial equity investment from Japan Fluorite Corporation for feasibility studies [11] - The company has secured government grants, including an IPCM grant of $7.4 million for feasibility and DFS studies for Speewah, and is engaging with Export Finance Australia for potential debt funding [12]