Ann: Full Year Statutory Accounts, page-37

News starting to circulate, Australian Mining Monthly and now The Advocate.

SEPTEMBER 26 2018 - 11:44AM
Aus Tin's Brian Moller says it wants to be tin stock of choice

A new West Coast miner has the big ambition of becoming Australia’s “tin stock of choice”.




That is according to Aus Tin Mining Limited chairman Brian Moller.

“Reflecting the progress achieved across its three key projects during the year, the company’s share price outperformed its peer group for the period,” Mr Moller said in the company’s 2017-18 annual report.

“Aus Tin Mining will aim to consolidate itself as the tin stock of choice on the ASX through a portfolio of wholly owned production, development and exploration assets.

“Over the next 12 months, an exciting program of work is intended to deliver further growth for Aus Tin Mining and its shareholders.”

The three projects are:

• The Granville tin project on the West Coast;
• the Mt Cobalt nickel-cobalt copper exploration project in Queensland; and
• the Taronga tin project in New South Wales.

Aus Tin is working towards expanded production at Granville.

It engaged civil contractor Jemrok for mining activities and construction of a new tailings storage facility.

Mr Moller said Aus Tin expected to resume operations at Granville once the storage facility was constructed.

Aus Tin said works on the facility started in April but had been delayed, mostly due to “an extended period of wet weather”.

It gained approval in 2017 to increase the operation from about 2500 tonnes per year to 40,000 tonnes per year.

It described Granville as a high tin grade project.

It described Taronga as a world class resource of 57,000 tonnes of contained tin, 26,400 tonnes of contained copper and 4.4 million ounces of silver.

It gained council approval in January for the first stage of the project, involving a trial mine and pilot plant.