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The latest announcement is out from Sky Metals Limited ( (AU:SKY) ).
Sky Metals Limited has announced successful trenching results from its Tallebung Tin Project indicating multiple zones of tin mineralization. These results pave the way for a bulk sampling and metallurgical testwork program, which aims to optimize the metallurgical flowsheet, produce tin concentrate for marketing, and validate the resource estimation model. This initiative is expected to accelerate Sky Metals’ progress towards low-cost, near-term tin production, thus enhancing its market positioning and offering significant benefits to its stakeholders.
More about Sky Metals Limited
Sky Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company’s primary focus is on tin mining, with its flagship project being the Tallebung Tin Project located in central New South Wales, Australia.
YTD Price Performance: 8.00%
Average Trading Volume: 412,097
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$38.38M
Learn more about SKY stock on TipRanks’ Stock Analysis page.