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Final results from Tin Beetle drilling at Taronga
Final results from Tin Beetle drilling at Taronga.
About this update from First Tin Plc
[{"type":"text","content":"\n\n \n \n \n29 August 2023\nFirst Tin Plc\n(\"First Tin\" or \"the Company\")\nFinal results from Tin Beetle drilling confirm hub and spoke potential at Taronga tin project\n \n \nFirst Tin PLC (\"First Tin\"), a tin development company with advanced, low capex projects in Germany and Australia, is pleased to report that the remaining assays from its Tin Beetle prospect, approximately 9km from our advanced Taronga DFS project, have confirmed mineralisation over the entire 2.3km tested to date. This validates the company's 340km2 tenure in the Emmaville area as a \"Tin District\", with excellent potential for satellite deposits to the large Taronga deposit. Historically, approximately 88,000 tonnes of alluvial tin were mined from within the Emmaville district, the majority of which came from the Tin Beetle area.\n \nTin Beetle is one of six additional prospects near Taronga that have potential for satellite or stand-alone tin mineralisation (Figure 1).\n \nHighlights\n· Initial assay results from very wide spaced drilling confirm wide intervals of tin mineralisation with narrower zones of higher grade mineralisation\n· Significant intercepts include:\no 48m @ 0.18% Sn from 2m incl. 21m @ 0.32% Sn from 2m and 3m @ 0.28% Sn from 42m\no 30m @ 0.10% Sn from surface incl. 7m @ 0.16% Sn from 21m (entire hole mineralised)\no 18m @ 0.07% Sn from 17m incl. 9m @ 0.10% Sn from 17m\no 78m @ 0.08% Sn from 7m incl. 12m @ 0.11% Sn from 7m and 12m @ 0.13% Sn from 48m\no 57m @ 0.05% Sn from 62m\no 27m @ 0.08% Sn from 76m incl. 14m @ 0.12% Sn from 77m and 5m @ 0.18% Sn from 85m\n· These intercepts are similar to early drill intercepts at the main Taronga mineralisation\n· Tin Beetle appears to have lower copper and silver content, but higher zinc content than Taronga\n· The Tin Beetle prospect is located approximately 9km southeast of the main Taronga mineralisation, providing potential for it to be taken by road to a centr...