Tusker Minerals (ASX: TSK) | Douala Basin Emerges as Globally Significant Rutile Project
MarketOpen Trading Titan Podcast
Episode: Tusker Minerals (ASX: TSK), Douala Basin Exploration Update, 14 July 2026
Tusker Minerals (ASX: TSK) has announced a JORC (2012) Exploration Target for the Diwong South Deposit within the Douala Basin Project in Cameroon.
The Exploration Target is estimated at 2.1 to 2.6 billion tonnes at 2.1 to 2.3% total heavy minerals, including indicative rutile grades of 0.3 to 0.35% and indicative zircon grades of 0.06 to 0.07%. Based on the modelled mineral assemblage, the company estimates contained heavy minerals of 48 to 55 million tonnes, including 7 to 8 million tonnes of contained rutile and 1.4 to 1.7 million tonnes of contained zircon.
Tusker has also reported reconnaissance auger drilling results from additional target areas outside the current Exploration Target boundary, including near-surface rutile and zircon mineralisation.
This episode covers the Exploration Target details, the reconnaissance drilling results, the mineral assemblage breakdown and the company’s stated pathway toward a maiden JORC Mineral Resource Estimate.
Key topics covered:
JORC (2012) Exploration Target details for the Diwong South Deposit
Estimated contained heavy minerals, rutile and zircon quantities
Reconnaissance drilling results from outside the current Exploration Target area
Highlight results including 3.2m at 0.76% rutile and 0.08% zircon from surface
Mineral assemblage breakdown including rutile, zircon and kyanite
Project infrastructure details, including proximity to the Port of Douala
Planned activities including infill and step-out drilling, deeper drilling, metallurgical testwork and geological modelling
The company’s objective of progressing priority areas toward a maiden JORC Mineral Resource Estimate within approximately 6 to 9 months
The company’s caution that the Exploration Target is conceptual in nature and is not a Mineral Resource
This episode is produced by MarketOpen. All content is factual and based directly on the company’s ASX announcement. Nothing in this episode constitutes financial advice. Listeners should conduct their own research and consider their own financial circumstances before making any investment decision.