Timah Resources Ltd
AASX:TML0.05
AUD
0.00
(0.00%)
Timah Resources Ltd
ASX:TML
(Australian Securities Exchange)
Recent
price
0.05
P/E
ratio
285.30
div
yld
- -
ROIC.AI
Capital Structure
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- Business
- Timah Resources Limited (ASX:TML) is an exploration company focused on mineral resource development in Australia. The company holds interests in gold, copper, and base metals projects, including the 100%-owned Achilles Project, Evelyn Gold Project, and Torrington Gold Project in Queensland; the 100%-owned Koongie Park Copper-Gold Project in Western Australia; and the 80%-owned Lead-Zinc Projects in Thailand. It offers exploration services, drilling programs, and resource evaluation across these assets, targeting precious and base metals for mining and development. Founded in 2021 and headquartered in Subiaco, Western Australia, Timah Resources operates primarily in the Asia-Pacific region, with projects in Australia and Thailand serving institutional investors, mining partners, and local stakeholders in the resources sector. In recent developments, the company reported positive assay results from drilling at the Achilles Gold Project in November 2024, confirming high-grade gold mineralization and extending mineralized zones. It also advanced reconnaissance drilling at the Torrington Gold Project and continued exploration at Koongie Park, highlighting shallow copper-gold potential. These activities represent key operational expansions within the past year, enhancing its project pipeline without reported acquisitions, partnerships, or funding rounds.