Five Diamond Holes Confirm Expanding Tin-Tungsten Zones at Tallebung Project

Diamond Drilling Success at Tallebung

Sky Metals Ltd (ASX: SKY) has announced the completion of a highly successful diamond drilling program at its 100%-owned Tallebung Tin Project in New South Wales. The program comprised five diamond drill holes, each intersecting significant zones of visual tin and tungsten mineralisation. This consistent mineralisation across all holes reinforces the potential scale and continuity of the deposit.

The standout drill hole, TBD018, revealed some of the strongest visual tin mineralisation recorded at Tallebung to date, featuring abundant cassiterite (tin oxide) and wolframite (tungsten) grains within quartz veins. These findings underscore the geological team's effective targeting and growing understanding of the deposit's structure and mineralisation controls.

Expanding the Resource Footprint

Importantly, the drilling has extended the known footprint of the deposit, particularly towards the east and south, confirming that the mineral resource remains open in all directions. This expansion opens new avenues for resource growth and enhances the project's long-term potential. The visual mineralisation observed aligns with previous high-grade zones and supports the prospect of increasing both the size and grade of the resource.

While visual estimates provide encouraging early indications, Sky Metals cautions that these should not be considered a substitute for laboratory assays. The company expects assay results from the diamond drilling program in the coming weeks, which will provide definitive data on grade and mineral quality.

Looking Ahead: Major RC Drilling Campaign

Building on this momentum, Sky Metals plans to commence a substantial reverse circulation (RC) drilling program in March 2025, targeting approximately 70 holes. This campaign aims to follow up on the diamond drilling results, focusing on resource growth in terms of size, grade, and confidence. The RC drilling is a critical step towards advancing the Tallebung Tin Project through mining development studies and towards eventual production.

Managing Director and CEO Oliver Davies highlighted the significance of the recent results, noting that the visual tin-tungsten intercepts validate the geological team's targeting strategy and enhance the understanding of the deposit. He expressed anticipation for the assay results, which will guide the next phase of exploration and development.

Strategic Importance of Tallebung

The Tallebung Tin Project is strategically positioned to supply tin, a metal essential for semiconductor, electronics, and solar photovoltaic technologies. The project benefits from shallow, open-pit mineralisation with favourable metallurgy, including exceptional ore sorting and gravity separation characteristics that promise low-cost production.

With a history of tin mining dating back to the 1890s and recent discoveries of higher-grade zones, Tallebung is emerging as a significant near-term tin development opportunity. The ongoing exploration success and planned drilling programs underscore Sky Metals’ commitment to unlocking the project's full potential.