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tasman resources ltd (TAS) Snapshot

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tasman resources ltd (TAS) Details

Tasman Resources Ltd explores for and develops precious and base metal properties in Australia. It principally holds interests in the Lake Torrens iron-oxide copper-gold-uranium-base metal project located in central South Australia; Parkinson Dam epithermal gold-silver (lead-zinc) project located west of Port Augusta in South Australia; and Central Gawler Craton gold-nickel-cobalt project located southwest of Coober Pedy in South Australia. Tasman Resources Ltd is based in Perth, Australia.

tasman resources ltd (TAS) Top Compensated Officers

Executive Chairman
Total Annual Compensation: A$322.5K
Chief Financial Officer and Company Secretary
Total Annual Compensation: --
President of Hythane
Total Annual Compensation: A$302.0K
Senior Geologist
Total Annual Compensation: A$214.7K
Senior Geologist
Total Annual Compensation: A$214.7K
Compensation as of Fiscal Year 2014.

tasman resources ltd (TAS) Key Developments

Tasman Resources Ltd., Annual General Meeting, Nov 27, 2014

Tasman Resources Ltd., Annual General Meeting, Nov 27, 2014.

Tasman Resources Ltd Provides Update on Exploration of its Vulcan Project

Tasman Resources Ltd. advised that expressions of interest in further exploration of the Vulcan Project have been received from a number of the larger mining houses. The latter are currently evaluating the Vulcan exploration data and Tasman is hopeful that joint venture offers will be received for consideration in the near future. The Vulcan IOCGU (iron oxide-copper-gold-uranium) Project is located approximately 30km north of Olympic Dam, and exploration drilling under the Tasman-Rio Tinto Exploration (RTX) Farm-In, commenced in late 2012. RTX announced their withdrawal from the Farm In following the completion of a 12,000m drilling program by Tasman under the "Initial Exploration Program" of the Farm-In. Vulcan is a very large IOCGU system, where drilling to date has intersected a number of very thick intervals of alteration and mineralisation over a large target area (about 12km2). Several specific high priority drilling locations have been flagged for future testing and a number of regional exploration targets have also been defined.

Tasman Resources Ltd. Reports Consolidated Earnings Results for the Half Year Ended December 31, 2013

Tasman Resources Ltd. reported consolidated earnings results for the half year ended December 31, 2013. For the half year, the company reported revenue of $565,505 against $185,392 a year ago. Loss before income tax was $878,827 against profit before income tax of $8,563,878 a year ago. Loss for the period was $878,827 against profit for the period of $8,563,878 a year ago. Loss attributable to owners of the parent was $546,023 or 0.2410 cents per basic and diluted share against profit attributable to owners of the parent of $8,778,186 or 3.8783 cents per basic and diluted share a year ago. Net cash used in operating activities was $1,145,935 against net cash provided by operating activities of $8,075,105 a year ago. Payments for development of intangibles were $91,086 against $64,473 a year ago. Payments for property, plant & equipment were $6,679 against $142,154 a year ago. Exploration expenditure was $1,367,348 against $1,815,327 a year ago.


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