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First Tin Plc ( (GB:1SN) ) has shared an announcement.
First Tin PLC announced promising initial assay results from its drilling program at the Taronga Tin Project in Australia. The results confirm the presence of tin mineralization within the South Pit, potentially increasing the project’s resource estimates. This development supports First Tin’s strategy to expand its resource base and strengthen its position in the tin market, which faces a sustained deficit due to rising demand.
More about First Tin Plc
First Tin PLC is an ethical and sustainable tin production company focused on developing high-value, low-capex tin assets in Germany and Australia. The company aims to supply tin from conflict-free, low political risk jurisdictions, addressing the critical metal’s rising demand and supply shortages, essential for global decarbonization and electrification efforts.
Average Trading Volume: 179,946
Technical Sentiment Signal: Buy
Current Market Cap: £27.34M
See more data about 1SN stock on TipRanks’ Stock Analysis page.