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Completion of Taronga Drilling and Assay Results
Completion of Taronga Drilling and Assay Results.
About this update from First Tin Plc
[{"type":"text","content":"\n\n\n \n \n \n \n \n \n \n \n \n \n12 June 2023\nFirst Tin Plc\n(\"First Tin\" or \"the Company\")\nCompletion of Taronga Drilling and Assay Results\n \nFirst Tin Plc (\"First Tin\"), a tin development company with advanced, low capex projects in Germany and Australia, is pleased to announce that all drilling, including \"Phase 2\" infill and extension drilling, at its Taronga tin project in Australia, is now complete and that the results from the programme have confirmed the approximately 400m extension to the southwest.\n \nThe project is owned by First Tin's 100% owned Australian subsidiary, Taronga Mines Pty Ltd (\"TMPL\").\n \nHighlights\n· Infill and extension RC drilling \"Phase 2\": 2228m in 28 drillholes (3 abandoned)\n· When added to the \"Phase 1\" infill and extension drilling, a total of 4035m infill and extension RC drilling has been completed in 40 drillholes (3 abandoned)\n· The drilling has extended the Payback Zone mineralisation approximately 400m to the south and has provided indications the gap between the south and north zones contains some mineralisation\n· Significant drill intercepts from the southwest extension include:\no 35m @ 0.20% Sn including 15m @ 0.35% Sn\no 49m @ 0.12% Sn including 28m @ 0.17% Sn\no 25m @ 0.20% Sn including 14m @ 0.25% Sn\no 37m @ 0.15% Sn including 11m @ 0.35% Sn\no 58m @ 0.11% Sn including 31m @ 0.15% Sn\no 39m @ 0.15% Sn including 8m @ 0.51% Sn\no 17m @ 0.19% Sn including 3m @ 0.42% Sn\no 45m @ 0.13% Sn including 9m @ 0.22% Sn\n· Significant intercepts from the central area include:\no 15m @ 0.17% Sn\n· Significant intercepts from infill drilling include:\no 59m @ 0.12% Sn including 24m @ 0.16% Sn\no 11m @ 0.19% Sn including 8m @ 0.23% Sn\n· Now that all results have been received and compiled, a revised Mineral Resource Estimation (MRE) will be undertaken, with results expected within Q3 2023.\nAll results are presented in Table 1. The true width of intervals is around half the downhole width. Estimated true widths are included in Table 1....