- Metals X (MLX) encounters a further 14 significant tin intersections at the Renison Tin Operations in Tasmania
- These intersections were identified via the ongoing drilling program that is targeting resource extensions to the north, south and at depth of the current resources
- Drilling began in July 2021 with a focus on the Leatherwood, Huon North and Lower Federal/South Basset zones
- Best results come from Leatherwood where intersections of 4.5 metres at 9.81 per cent tin and 6.1 metres at 9.56 per cent tin were encountered
- Metals X ends the day 5.26 per cent in the green with shares trading at 60 cents
Metals X (MLX) has encountered a further 14 significant tin intersections at the Renison Tin Operations in Tasmania.
These intersections were identified via the ongoing drilling program that is targeting resource extensions to the north, south and at depth of the current resources.
Drilling began in July 2021 with a focus on the Leatherwood, Huon North and Lower Federal/South Basset zones.
The focus at Leatherwood was on the depth extensions, the focus at Houn North was on the extensions to the north, and the focus at Lower Federal/South Basset was at depth and to the south.
Best results come from Leatherwood where intersections of 4.5 metres at 9.81 per cent tin and 6.1 metres at 9.56 per cent tin were encountered.
Drilling is continuing at all three of the zones with all expected to remain the focus of upcoming programs for the foreseeable future.
Metals X has ended the day 5.26 per cent in the green with shares trading at 60 cents for a $517.1 million market cap.