Sky Metals Limited (ASX: SKY) has reported significant new mineralised extensions at its 100%‑owned Tallebung Tin Project in New South Wales, following recent drilling and surface sampling. The work has outlined new zones of mineralisation to the east and south‑east of the current Resource footprint, reinforcing the potential for further growth across the broader system.
Oliver Davies, managing director and CEO of Sky Metals, commented, “Our ongoing drilling and sampling campaign continues to reinforce the outstanding growth potential of the Tallebung Tin‑Silver‑Tungsten Project, highlighting the exciting upside as we establish Tallebung as a major near‑term development opportunity. The combination of recent surface sampling, the discovery of new cassiterite‑bearing rock chips and successful extensional drilling continues to define new tin mineralisation well beyond the margins of the current Resource. With two RC rigs turning, SKY is driving the project towards an upcoming updated MRE and, concurrently, rapidly advancing the technical foundations required for mine planning and to progress mining approvals.”
Extensional drilling beneath a strong soil anomaly has intersected prospective quartz‑vein structures consistent with those that host the main tin‑bearing zones at Tallebung. The company also collected tin‑cassiterite‑bearing rock chips from previously unmapped historical workings identified in a recent airborne LiDAR survey. These surface findings support the presence of additional mineralised positions and will be incorporated into imminent drill testing.
Sky Metals noted that the Tallebung system remains open in all directions, with recent results demonstrating continuity of mineralisation well beyond the boundaries of the existing Resource. Two reverse‑circulation rigs are currently operating on site as part of an expanded drill campaign aimed at both extending high‑grade tin‑silver‑tungsten zones and completing infill drilling required for the upcoming Mineral Resource Estimate update.
The updated MRE, scheduled for release in the first half of this year, is expected to incorporate data from more than 400 drill holes—up from just 115 in the current estimate—representing a substantial increase in geological coverage. This dataset will underpin ongoing mining studies and development planning.
Sky Metals expects the new target areas defined through soil sampling, LiDAR interpretation, and drilling to contribute meaningfully to future Resource growth.
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