Business
Application for Exploration Licence
Application for Exploration Licence.
About this update from First Tin Plc
[{"type":"text","content":"\n\n \n \n \n31 August 2023\nFirst Tin Plc\n(\"First Tin\" or \"the Company\")\nTaronga Mines Pty Ltd applies for Exploration Licence over the Tingha Tin Field\n \nFirst Tin PLC (\"First Tin\"), a tin development company with advanced, low capex projects in Germany and Australia, is pleased to report that its 100% owned Australia subsidiary - Taronga Mines Pty Ltd (TMPL) - has applied for a large (276.6km2) Exploration Licence covering the majority of the Tingha tin field, located approximately 50km from TMPL's advanced stage Taronga tin project in northeastern New South Wales (Figure 1).\n \nThere are three main tin fields in northeastern NSW and southeastern Queensland, that form the New England Tin Corridor. This is evident in Figure 1, which shows known tin mineralisation as orange dots overlaid on a Google Earth image. TMPL currently holds the majority of the Emmaville Tin Field under its existing tenure. Once the Exploration Licence is granted, TMPL will hold the majority of the Tingha Tin Field and will have access to explore most of the known tin mineralised areas in northeastern NSW. This will consolidate the Companys control of the exploration potential around our world class Taronga tin deposit. \n \nThe three tin fields all have significant historical tin production, the majority of which is from alluvial and eluvial sources:\n \n· Stanthorpe Tin Field 51,000t tin\n· Emmaville Tin Field 88,000t tin\n· Tingha Tin Field 64,000t tin\nThe tin mined a...