Sky Metals Managing Director and CEO Oliver Davies discusses new shallow drilling results at Tallebung, including tin intercepts and coarse wolframite mineralisation. He also outlines further drilling and exploration plans at Theemans.
Key Highlights
- Tallebung returned 17 metres at 0.7% tin, including 4 metres at around 2.5% tin.
- A previous tungsten intercept was 6 metres at over 1.5% tungsten from 21 metres down.
- Diamond drilling twinned a higher-grade tungsten zone and showed coarse wolframite mineralisation.
- Theemans is about 20 kilometres north of Tallebung, with rock chips around 7.5% tungsten and no modern drilling.
- Davies said the company was looking at 9 to 18 months to pay off CapEx, with potential to reduce that through further project improvements.
About Sky Metals
Sky Metals (ASX: SKY) is advancing the Tallebung tin-tungsten-silver project in central New South Wales. The company is also exploring the nearby Theemans project.
Disclaimer
This podcast is for educational and entertainment purposes only and should not be considered financial advice. All investments carry risk, including the potential loss of principal. Listeners should conduct their own research and consider seeking professional financial advice before making investment decisions.
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