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- High-grade rockchips at Sky Metals’ Tallebung Tin Project has highlighted untested southern extensions of tin lodes
- Results included up to 5.4 per cent tin, 1 per cent tungsten and 194 parts per million silver
- Follow up drilling is planned for the project
High-grade rockchips at Sky Metals’ Tallebung Tin Project has highlighted untested southern extensions of tin lodes.
The completion of surface rockchip sampling has highlighted the potential for extensions to the shallow yet high-grade tin lodes at Tallebung.
High-grade rockchip results included 5.4 per cent tin, 1 per cent tungsten and 194 parts per million silver. This suggests a likely southern continuation of the high-grade tin lode package at shallow depths.
Initial reverse circulation drilling identified several high-grade tin lodes east of the Tallebung tin lode. Seven drill holes, totalling 1197 metres, were completed.
One of the holes found 4 metres at 2.58 per cent tin and 0.09 per cent tungsten from 54 metres.
The Tallebung Project is located approximately 70 kilometres northwest of Condobolin in central New South Wales and lies on the Wagga Tin Belt in the central of Lachlan Orogen.
Tin is increasingly seen as an emerging technology metal with applications in energy storage, generation and conservation applications, including the recently commercialised rapid-charging tin lithium-ion batteries.
Follow up drilling is planned for the project aiming to test areas along the strike from lodes defined in drilling and the recent high-grade rockchip results.
Sky has dropped 28.9 per cent on the ASX today and shares are selling for 6 cents apiece at 12:28 pm AEST.
