Sky Metals (ASX: SKY) has announced the completion of the first phase of resource expansion and infill drilling at its Tallebung tin project in New South Wales, Australia. The goal was to build a critical mass for mine scoping studies and potential future mining.
The first phase completed 25 holes for a total of 4,759m designed to grow SKY’s maiden MRE of 10.2Mt @0.18% Sn for 18.4Kt at a 0.10% Sn cut-off grade and convert the estimated exploration target of 16 – 21Mt at a grade ranging between 0.16 – 0.20 % Sn at 0.1% Sn cut-off, into additional resources.
The first phase of this drilling has targeted the southern and central areas of the historic Tallebung Tin mining field where the majority of the historic hardrock workings are located. Multiple areas of additional quartz-cassiterite tin mineralization have been intercepted, showing the significant potential to substantially increase the maiden MRE.
The diamond drilling included in this programme is to be completed across the entire strike of the maiden MRE, with two of the five planned holes completed and the third is in progress.
Ongoing diamond drilling has confirmed the universal occurrence of uniform and uniquely coarse cassiterite-hosted tin mineralization across the deposit. Further establishing the coarse nature of the tin at Tallebung highlights excellent metallurgical advantages while continuing to increase the potential tin resources.
The second phase of RC drilling is planned to commence in the coming months to expand the MRE even further. Ongoing drilling is aimed to increase the confidence of the resources to allow mine scoping studies to be completed on a ‘critical mass’ resource.
The current program of diamond drilling and results from the recently completed RC drilling are expected in the next fortnight, l with further results received over the coming two to six weeks.
For further information, please visit: www.skymetals.com.au
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