Business

The assay results at Tellehauser

The assay results at Tellehauser.

articleFirst Tin PlcDecember 22, 20223/company/first-tin-plc/news/the-assay-results-at-tellehauser
The assay results at Tellehauser

About this update from First Tin Plc

[{"type":"text","content":"\n \n \n \n  \n \n \n \n \n  \n \n \n \n \n  \n \n \n \n \n  \n \n \n \n \n  \n \n \n \n \n  \n \n \n \n \n  \n \n \n \n \n  \n \n \n \n \n  \n \n \n \n \n 22 December 2022\n \n \n \n First Tin Plc\n \n \n (\"First Tin\" or \"the Company\")\n \n \n \n The assay results from the first two drillholes at Tellehauser\n \n \n \n  \n \n \n First Tin Plc (\"First Tin\"), a tin development company with advanced, low capex projects in Germany and Australia, is pleased to report the assay results from the first two drillholes from the drill programme into the deep Dreiberg mineralisation that was set up with the aim to add indicated to the inferred resources at its Tellerhauser Project in Germany.  The project is owned by First Tin's 100% owned German subsidiary, Saxore Bergbau GmbH (\"Saxore\").\n \n \n \n \nThe two drillholes were designed to confirm results of previous drilling by Wismut during the 1970s that intersected high grade tin mineralisation at depth along strike from the known resources at the Tellerhauser project, and to increase the indicated resources.\n \n \n  \n \n \n The two areas tested are at depths of between 800m and 900m below surface and between 3,000m and 4,000m along strike from the Hämmerlein Indicated Resource area and 1,000m to 2,000m along strike from the Dreiberg Indicated Resource area.\n \n \n  \n \n \n The two drillholes intersected the targeted skarn zone and returned the following significant intercepts:\n \n \n  \n \n \n ·\n Drillhole SAXDRE25:\n \n \n o \n 1.5m from 805.7m downhole grading 0.75% Sn, 1.00% Zn, 33ppm In including:\n \n \n §\n 0.6m @ 1.43% Sn, 1.99% Zn, 62ppm In from 806.0m downhole\n \n \n ·\n Drillhole SAXDRE34:\n \n \n o \n 3.85m from 887m downhole grading 0.63% Sn, 1.29% Zn, 58ppm In including:\n \n \n §\n 1.35m @ 1.49% Sn, 0.78% Zn, 122ppm In from 887,75m downhole\n \n \n These intercepts confirm previous Wismut drilling from the 1970s and will form the basis for additional drilling designed to increase the Indicated Resource base at Tellerhäuser.\n \n \n  \n \n \n \n  \n \n \n \n \n First Tin CEO Thomas Buenger said,\n \n \"These initial drilling results from our deep drilling programme have confirmed the previous Wismut drilling and increased our confidence in the deep higher grade mineralis...

More updates from First Tin Plc