- Aus Tin Mining (ANW) has successfully completed initial high-pressure grinding roll test work on ore from its Taronga project
- The company retains its Taronga and Mt Cobalt projects but allowed its exclusive option on the Lachlan Project to lapse
- Aus Tin Mining is still considering alternative options for divesting its Granville tin mine in Tasmania
- The company has appointed General Manager Rob Kidd to the position of Interim CEO until a permanent replacement is found
- Aus Tin Mining is in the grey, and trading at 0.1 cents per share
Aus Tin Mining (ANW) has successfully completed initial high-pressure grinding roll test work on ore from its Taronga project.
The test sample was taken from a surface outcrop on the project’s Northern Ore Zone. Test work on the sample was conducted during December 2020 at the ALS Metallurgy laboratory in Perth.
Aus Tin commissioned the test work in order to determine if ore from Taronga could be successfully upgraded after undergoing crushing through a high-pressure grinding roll (HPGR). The initial test results are highly encouraging, and will soon be followed by results from HPGR optimisation studies which the company has planned.
Aus Tin Mining has retained its Taronga Tin Project in New South Wales, as well as its Mt Cobalt Project in Queensland. However, the company has allowed its exclusive option on the Lachlan Copper Project in New South Wales to lapse.
Aus Tin is still considering alternative options for divesting its Granville Tin Mine in Tasmania.
The company is also in the process of acquiring two metallurgical coal projects, pending approval from shareholders at the next AGM. These projects include the Ashford Coking Coal Project in northern New South Wales and the Mackenzie Coal Project in Queensland’s Bowen Basin.
In other news, Aus Tin Mining has appointed its General Manager, Rob Kidd, to the position of Interim CEO. Robb has agreed to fill this role until a permanent replacement for the company’s previous CEO, Peter Williams, is found.
During his tenure as Interim CEO, Rob will receive an annualised salary of $220,000.
Aus Tin Mining is in the grey and trading at 0.1 cents per share at 1:14 pm AEDT.