Gold is still glittering, I bought into SKY because of Hume strike, trend, solid hits, this area does have indications of hosting a significant gold system . Lately I am happy to reading about TIn and the opportunities. The land holdings of older near surface tin mine areas and previous drilling points to potential for this to become a strong second story for this company (newer target 3EKL is very interesting). Not surprising the reporting shifted to gold during the $2K surge, I would expect no some resource to shift to tin now for the same reason.
I like the exploration balance in elements for this company.
Form the latest update, some parts about tin projects.
Tallebung project – Tin100% SKY (EL6699)The Tallebung Project is located approximately 70km north-west of Condobolin in central NSW (Figure 9). The projectencompasses the historic Tallebung Tin Mining Field at the northern extent of the Wagga Tin Belt within the central LachlanOrogen and is considered prospective for lode-style tin - tungsten mineralisation. Outcropping mineralisation is developedover two kilometres as sheeted/stockwork quartz-cassiterite-wolframite sulphide veins above a mineralising granite.A review of the potential of the Tallebung Project to host intrusion related gold (IRG) was completed in the December quarter.This review identified the potential of the Theirman Tin & Whytes Wolfram Mines to host IRG mineralisation and it wasrecommended to complete a program of surface sampling (soil and/or lag) to test their gold potential. This work is currentlyplanned for the June 2021 quarter.
Doradilla project – Tin, Polymetallic100% SKY (EL6258)The Doradilla Project is located approximately 30km south of Bourke in north-western NSW and represents a large andstrategic tin project with potential for significant polymetallic mineralisation (tin, tungsten, copper, bismuth, indium, nickel,cobalt, gold) (Figure 9).A program of RC drilling of multiple targets at the Doradilla Tin and 3KEL Prospects was completed in 2019. As previouslyreported (ASX SKY 10 March 2020), a number of drillholes intersected high grade tin, copper, indium and silver from the 3KEL& Doradilla Prospects. Of particular significance is the results from 3KEL in hole
3KRC002 (6m @ 1.11% Sn, 1.48% Cu, 44g/t Ag,65g/t In from 105m) which represent the first time significant primary tin and copper mineralisation has been recognised at3KEL. This mineralisation remains open along strike and at depth.A detailed low level airborne magnetic/radiometric survey was completed between the Doradilla and 3KEL Prospects on theDoradilla Project during the September quarter. Interpretation of these data and drill targeting will be
completed in theMarch 2021 quarter
Tin price
, future is bright as the story returns for an all battery world
(20min delay)