Sky Metals Limited (ASX: SKY) has announced further results from the first phase of resource expansion and infill drilling at the Tallebung project in New South Wales, Australia.
The latest series of assay results from the reverse circulation (RC) drilling have been received and include the assay results from hole TBRC065. TBRC065 was the southern-most hole drilled in the first phase of the resource expansion RC drilling programme, demonstrating that tin mineralization at Tallebung is open to the south.
“These results show how SKY is continuing to successfully target further growth of the tin resources at Tallebung. The Tallebung tin resource is open in all directions, this has been strongly demonstrated in TBRC065, as it is the southern-most hole drilled to date at Tallebung,” commented SKY CEO Oliver Davies.
“The extension of broad, strong tin mineralization that has been discovered with this shallow hole will be further drill tested in the coming drilling programs to build on significant extensions discovered, aiming to further expand the Tallebung tin resource.”
New assay results continue to show that the mineralization is open with this southern-most hole at in the company’s resource expansion programme intercepting strong, broad, and shallow tin mineralization.
TBRC065 results included:
- 42m @0.20% Sn & 40g/t Ag from 40m,
- including 6m @0.67% Sn & 68g/t Ag from 67m
- including 1m @2.85% Sn, 0.03% W, and 353g/t Ag from 67m
Drilling is aimed at increasing the size and confidence of the resource to allow for Mine Scoping Studies to be completed on a ‘critical mass’ resource over the coming months.
Assays for the remaining holes are expected over the coming weeks. On receipt of all the remaining assays, these results will be included in an updated mineral resource estimate (MRE), with a target to substantially increase the maiden MRE of 10.2Mt @ 0.18% Sn at a 0.10% Sn cutoff.
For further information, please visit: www.skymetals.com.au
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