Tartana Minerals Completes First Shipment of Copper Sulphate to Kanins

Tartana Minerals Limited (ASX: TAT) is excited to declare the successful completion of the inaugural shipment of Copper Sulphate Pentahydrate (Copper Sulphate) from its recently reactivated plant.

Key Points:

•  Tartana achieves milestone with inaugural Copper Sulphate shipment to Kanins, its offtake partner.

•   Receipt of payment initiates continuous cash flow for Tartana.

•   Scheduled for more frequent shipments as production escalates.

•   Ongoing copper drilling progresses, with expected completion next week to facilitate bulk mineralogical testwork samples.

Stephen Bartrop, Managing Director of Tartana Minerals, remarked: "The successful completion of our initial Copper Sulphate shipment with our exclusive offtake partner, Kanins International, marks a substantial advancement towards reinstating consistent commercial production. This achievement is the culmination of over two years of diligent efforts in recommissioning our plant. Our focus now shifts towards establishing a more consistent pattern of shipments.

"Recent enhancements in the price of Copper directly enhance the profitability of our project, as Copper Sulphate pricing is correlated with Copper weight alongside a premium."

In accordance with the terms set with our exclusive offtake partner, Kanins International, payment for the product is made promptly upon its departure from the mine site. The cash inflow from Kanins will be included in the Company's quarterly cash flow statements starting from the fourth quarter of fiscal year 2024.

Tartana recently declared its intention to initiate a diamond drill hole for metallurgical sampling, specifically targeting PQ sizing. The company is delighted to report that drilling commenced as planned last week and is anticipated to conclude by next week.

Tartana Minerals Limited (ASX: TAT) is a prominent explorer and developer in the Chillagoe Region of Far North Queensland, focusing on copper, gold, silver, and zinc. The company holds multiple projects at different stages of development, with its most advanced being the Tartana mining leases. These leases encompass an operational heap leach – solvent extraction – crystallisation plant, strategically situated among the Tartana, Queen Grade, and Mountain Maid projects.

Kanins International provides copper sulphate pentahydrate, featuring cutting-edge technology ensuring exceptional material flow characteristics, even after prolonged storage periods. Their offerings to the stock feed industry surpass stringent audit and quality standards. As a proud member of the Sinoz Group, Kanins International boasts a vast global presence. Collaborating with manufacturing partners across Australia, Taiwan, Singapore, South Korea, China, India, Turkey, as well as throughout Africa and North and South America, Kanins International stands as a crucial supplier of mineral sulphates and oxides to the agricultural sector. Their reputation as a preferred supplier to numerous multinational feed mills and agribusinesses underscores their commitment to excellence and reliability.