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First Tin Plans Expansive Drilling Program to Boost Resource Estimates at Taronga Project
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First Tin Plans Expansive Drilling Program to Boost Resource Estimates at Taronga Project

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The latest announcement is out from First Tin Plc ( (GB:1SN) ).

First Tin PLC announced a 10,000m drilling program at its Taronga Tin Project in Australia, aiming to increase its resource base and convert Inferred resources to Indicated and Measured status. This initiative could significantly enhance the project’s mine life and resource estimates, forming the basis for a revised feasibility study in 2025, potentially impacting the company’s operations and industry positioning by increasing ore reserves and extending the life of the mine.

More about First Tin Plc

First Tin PLC is an ethical, reliable, and sustainable tin production company focusing on developing high-value, low-capex tin assets in Germany and Australia. The company aims to be a prominent tin supplier in conflict-free and low political risk areas, addressing the critical demand for tin essential for global decarbonization and electrification efforts.

YTD Price Performance: 30.43%

Average Trading Volume: 216,060

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £27.11M

For an in-depth examination of 1SN stock, go to TipRanks’ Stock Analysis page.

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