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Finally Aus Tin Mining Limited (ASX:ANW) 6 October 2017 First...

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    Aus Tin Mining Limited (ASX:ANW)
    6 October 2017
    First Sales of Tin Concentrate from Granville Tin Project
    The Directors of Aus Tin Mining Limited (the Company) are pleased to announce the Company has
    undertaken its first sale of tin concentrate from the Granville Tin Project under its off‐take agreement
    with Traxys Europe (Traxys). The shipment, which was dispatched from Zeehan late yesterday
    afternoon, comprised approximately five tonnes of high grade tin concentrate assaying 62.7%Sn and will
    be used to pilot the logistics chain and commercial arrangements under the Traxys off‐take agreement,
    and provide the receiving smelter with a “trial” parcel of tin concentrate ahead of future shipments.
    Under the commercial terms of the off‐take agreement with Traxys the Company will receive a
    provisional payment for 95 percent of the contained tin adjusted for treatment charges and penalties,
    with the balance calculated on receipt of final assays and weights from the receiving smelter.
    Granville Tin Project – Shipment Number 1
    Commenting on this significant milestone for the Company, CEO Peter Williams said “We are pleased to
    have dispatched the first shipment of tin concentrate from the Granville Tin Project and are delighted to
    be partnering with global metals trading house Traxys for concentrate sales. Notwithstanding some of
    the operational challenges experienced to date, this first shipment represents another step in the
    Company realising its vision to become a major Australian tin producer.”
    On behalf of the Board
    KM Schlobohm
    Company Secretary
    Aus Tin Mining Limited Level 27, 111 Eagle Street, Brisbane, Qld 4000 (GPO Box 5261)
 
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