Taruga Minerals Ltd (ASX:TAR)’s Thomas Line speaks with Proactive’s Elisha Newell about the $650,000 in funding it has just received from the South Australian Government that it will use to accelerate its copper and rare earth element exploration at its Mt Craig Project. The money is part of the Accelerated Discovery Initiative (ADI), aimed at accelerating new mineral discoveries for key commodities in regional and frontier provinces of South Australia. Taruga is exploring for ionic adsorption clay (IAC) style REEs and Central African style sediment-hosted copper at the project. The Mt Craig Project spans more than 850 square kilometres and funding covers the entire area of the project. Extensive sediment-hosted copper mineralisation was discovered by historical explorers from the surface and is yet to be followed up.
Taruga Minerals receives $650K in funding to accelerate exploration
