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A diversified, multi–commodity, explorer focused on projects in South Australia and Queensland
Tasman has an extensive portfolio of quality exploration tenements in South Australia. These projects are strategically located close to the Olympic Dam copper-gold-uranium deposit and in the same region as the Challenger gold mine in South Australia. In November 2009 Tasman discovered a promising new iron oxide-copper-gold (IOCG) system at the Vulcan Prospect 30km north of Olympic Dam. Further drilling in 2010 and 2011 has produced some very encouraging results at Vulcan, and the Project is now the subject of a conditional JV with Rio Tinto Exploration.
In addition, Tasman is continuing evaluation of its epithermal gold discovery close to Port Augusta, and a new copper, gold, uranium prospect at Lucas Hill South Australia.
Tasman also holds a 19% interest in Fission Energy Ltd which is evaluating the Mt Thirsty cobalt-nickel oxide deposit near Norseman in Western Australia in partnership with Barra Resources Ltd. For more information please visit www.fissionenergy.com.au
Clean Energy
Through its 24.7% share in Eden Energy Ltd, Tasman has interests in hydrogen storage and transport fuel systems, including the low emission Hythane hydrogen–methane blend, a revolutionary cryogenic storage and superconducting magnetic electrical storage device, coal seam and abandoned mine methane, conventional gas, low temperature pyrolysis research into hydrogen production and geothermal energy production.
All these aspects of Eden’s business are part of an integrated strategy to become a major global participant in the alternate energy market, particularly focussing on the clean energy transport market, producing hydrogen without any carbon emissions, transporting the hydrogen to markets and providing the engines to power hydrogen-based transport and energy solutions.
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