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Taronga Confirmatory Drilling Update

Taronga Confirmatory Drilling Update.

articleFirst Tin PlcMay 15, 20233/company/first-tin-plc/news/taronga-confirmatory-drilling-update
Taronga Confirmatory Drilling Update

About this update from First Tin Plc

[{"type":"text","content":"\n\n \n      \n \n \n \n \n \n15 May 2023\nFirst Tin Plc\n(\"First Tin\" or \"the Company\")\nCompleted Taronga Confirmatory Drilling Validates Historic Mineralisation\n \nFirst Tin, a tin development company with advanced, low capex projects in Germany and Australia, is pleased to announce that all confirmatory drilling at its Taronga tin project in Australia is now complete and that the results from the programme confirm both the widths and grades of mineralisation previously reported by Newmont between 1979 and 1982.\n \nTaronga is First Tin's 100% owned Australian subsidiary, Taronga Mines Pty Ltd (\"TMPL\").\n \nHighlights\n·      Twin diamond drilling: 1,657.5m in 14 drillholes\n·      Twin RC drilling: 664m in 6 drillholes\n·      First Tin can now use the significant database of historical Newmont data, in combination with the findings from its extension and infill drilling, to deliver an updated resource estimate for inclusion in the Definitive Feasibility Study (\"DFS\"). \nIn total, 11 of Newmont's diamond drillholes were twinned by First Tin diamond drillholes, two of Newmont's percussion drillholes were twinned by First Tin diamond drillholes and 5 of Newmont's percussion drillholes were twinned by First Tin RC drillholes as shown on Table 1 and Figure 1.  Two drillholes were abandoned due to difficult drilling conditions.\n\n\n \n \n\n\n\n\nHole No.\n\n\nFrom\n \n \n(m)\n\n\nTo\n \n \n(m)\n\n\nInterval\n \n \n(m)\n\n\nEstimated\nTrue\nWidth (m)\n\n\nGrade\n \n \n(%Sn)\n\n\nNewmont Twin Hole Number\n\n\nFrom\n \n \n(m)\n\n\nTo\n \n \n(m)\n\n\nInterval\n \n \n(m)\n\n\nGrade\n \n \n(%Sn)\n\n\n \n\n\nTwin Type\n\n\n \n\n\n \n\n\n\n\n\n\n\n\nEstimated True Width(m)\n\n\n\n\nTMTADD001\n\n\n51\n\n\n72\n\n\n21\n\n\n14\n\n\n0.11\n\n\nDG372-4\n\n\n52\n\n\n72\n\n\n20\n\n\n0.12\n\n\n\n\n\n\n\n\nDD twin of Newmont DD Drillhole\n\n\n14\n\n\n\n\n\n\n\n113\n\n\n137\n\n\n24\n\n\n15\n\n\n0.40\n\n\n\n\n\n115\n\n\n143\n\n\n28\n\n\n0.12\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n15\n\n\n\n\nTMTADD002\n\n\n53\n\n\n80\n\n\n27\n\n\n22\n\n\n0.14\n\n\nDG357-2\n\n\n62\n\n\n91\n\n\n29\n\n\...

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