Sky Metals Limited ( (AU:SKY) ) has issued an update.
Sky Metals Limited has successfully excavated and crushed over 60 tonnes of tin mineralization as part of its Tallebung Tin Project in New South Wales. The company is preparing for a large-scale metallurgical testwork program, which will optimize the metallurgical flowsheet and produce tin concentrate for marketing purposes. Additionally, a major Reverse Circulation drilling program is set to commence, aiming to expand the existing Mineral Resource Estimate in terms of size, grade, and confidence. These developments position Sky Metals for significant growth and potential commercial development, with a busy period of news flow anticipated in the coming weeks and months.
More about Sky Metals Limited
Sky Metals Limited operates in the mining industry, focusing primarily on the exploration and development of tin resources. The company is engaged in projects that aim to optimize metallurgical processes and expand resource estimates, with a market focus on producing tin concentrate for downstream businesses.
Average Trading Volume: 316,008
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$35.54M
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