Sky Metals Limited (ASX: SKY) has announced further exploration results at its Tallebung tin project in New South Wales (NSW), Australia. The results have substantially expanded the extents of the known tin mineralization at the project.
Two groundwater monitoring bores were drilled to commence recording data for mining and environmental permits to progress Tallebung. The bores were designed to be drilled well outside of any known tin mineralization and outside of any potential future open pit area.
The drilling outside of the ‘conceptual open pit’ was completed to commence the mine permitting process, with the bores completed over 140m from any previous drilling. One of the groundwater bores intercepted strong tin mineralization results, including hole TBRC072 with 18m @0.12% Sn from 14m, including 1m @1.27% Sn & 0.03% W from 24m.
Outcropping quartz veins approximately 200m from the current extent of drilling have also been discovered, with visible cassiterite-tin, rock chip samples collected. Assays are still pending for these samples.
Additionally, assay results for three of the four diamond drillholes completed in the resource expansion programme completed a total of 947.8m showing high-grade tin mineralization; results included:
- Hole TBD005: 13m @0.48% Sn from 2m, including 1m @3.18% Sn from 11m
- Hole TBD006: 2.4m @2.88% Sn & 0.07% W from 28.8m, including 1m @7.73% Sn & 0.17% W from 29.65m
- Hole TBD007: 4.1m @0.50% Sn & 0.06% W from 33m, and 2.5m @1.35% Sn & 0.04% W from 82.5m
The Tallebung project is located about 70km north-west of Condobolin in central NSW. The project encompasses the historic Tallebung tin mining field at the northern extent of the Wagga tin belt within the central Lachlan Orogen with a defined maiden mineral resource estimate (MRE) of 10.2Mt @0.18% Sn.
SKY plans to advance Tallebung by increasing the resource to its 16-21Mt exploration target and progress development for future mining. Results from the expansion programme have now been provided to SKY’s resource geologists at H&SC and an updated MRE is expected shortly.
For further information, please visit: www.skymetals.com.au
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