Sky Metals (ASX:SKY) - CEO, Oliver Davies
CEO, Oliver Davies
Source: Sky Metals
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  • Sky Metals (SKY) intersects further broad tin mineralisation at the Tallebung tin project in NSW
  • In February, Sky Metals drilled nine reverse circulation holes and re-drilled one at the Tallebung Tin Mine to test for additional bulk tonnage tin mineralisation
  • Results from the first four holes were received in April which saw grades peak at 2.67 per cent tin and results from the remaining holes saw grades peak at 0.54 per cent tin
  • Additional drilling has begun to infill and extend the current mineralisation at Tallebung which currently spans 1.2 kilometres and remains open along strike and down dip
  • Sky Metals ends the day 1.1 per cent in the green with shares trading at 8.9 cents

Sky Metals (SKY) has intersected further broad tin mineralisation at the Tallebung tin project in NSW.

In February 2022, Sky Metals drilled nine reverse circulation (RC) holes and re-drilled one at the Tallebung Tin Mine to test for additional up-dip, shallow bulk tonnage tin mineralisation.

Results from the first four holes were received in April which saw a best intercept of 23 metres at 0.23 per cent tin from 86 metres including one metre at 2.67 per cent tin from 96 metres.

Sky Metals has received the results from the remaining six holes with all successfully intersecting strong tin mineralisation.

New results include 29 metres at 0.13 per cent tin from 82 metres including three metres at 0.54 per cent tin from 82 metres, and 20 metres at 0.13 per cent tin from 29 metres including four metres at 0.46 per cent tin from 29 metres.

Additional RC drilling has begun to further infill and extend the current mineralisation at Tallebung which has a strike length of over 1.2 kilometres and remains open along strike and down dip.

“The consistent results at Tallebung are in line with our expectations and further confirm
SKY’s rationale of assessing Tallebung as a shallow, large, bulk tonnage, open-cut mine target,” CEO Oliver Davies said.

“Due to the wet conditions at SKY’s Doradilla Tin Project, SKY has been able to quickly mobilise an RC drilling rig to Tallebung to capitalise on an exciting opportunity to further drill test the shallow, bulk tonnage potential at the Tallebung Tin Target.”

Sky Metals has ended the day 1.14 per cent in the green with shares trading at 8.9 cents.

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