Ann: Mt Garnet - Positive Initial Drill Results a, page-2

re: Ann: Mt Garnet - Positive Initial Drill R... Results confirm potential to increase
resources at the Mt Garnet Tin project

Australian tin exploration and development company Consolidated Tin Mines (ASX:
CSD) is pleased to announce positive results from its recent drilling program at the
Windermere project, at the Company??s Mt Garnet Tin project near Cairns in northern
Queensland.
Drilling at Windermere intersected significant sections of near-surface tin mineralisation,
and provided further confirmation that the project has the potential to contribute
additional resources to the Mt Garnet Tin project.
The drill program was designed to target and extend the higher grade zones identified
from the Company??s previous drilling at Windermere. This is highlighted at the W3 area,
which has a 300 metre strike length with good width and grade intersections.
Significant results from the recent program from the W3 area include:
?? Hole 188 2 m @ 2.70 % Sn from surface
4 m @ 1.16 % Sn from 20 metres
?? Hole 148 15 m @ 0.63 % Sn from 35 metres
The Windermere project currently has a JORC Inferred Resource of 2.1Mt @ 0.55% Tin
(Sn) with a total strike length of 2.9 kilometres - including the Deadmans Gully project
area (Attachment 1). The deposit comprises several sections of 200-300 metres of
continuous strike length that sit within the total strike extent.
The Windermere drill program has identified a number of areas which demonstrate the
potential, with further drilling, to fit the Company??s model of a low cost, near-surface,
open pit mining operation, with average grades around 0.5% Sn.
Highlight results from the program to date are included in Table 1 overleaf. Further
results are awaited from the Windemere program and an additional 3,800 metre
program is ongoing at the Gillian and Coolgara projects.
Current CSD Share Price: $0.08
Current LME Tin Price: $25,090 Key Points
?? The recent drill program
at Windermere was
designed to extend
better grade sections
highlighted from
previous drilling
?? The Windermere project
has a strike extent of
2.9km
?? Several sections within
strike extent show
potential to fit the
company model of low
cost open pit mining
operation
?? The Windermere Project
currently has an Inferred
JORC Resource of 2.1Mt
@ 0.55% Tin
?? The Windermere Project
is one of three key
projects that make up
the Mt Garnet Tin project
area; the others are the
Gillian and Pinnacles
Projects
?? Consolidated Tin plans to
develop the Mt Garnet
project area into a major
hard rock tin mine