Um, did I read this correctly? SPM assets bring two deposits similar mineralisation to Gillian?!?
Yep, I'm now surprised... It wasn't settlement but could be a damn lot more tin!!!
SUMMARY
- The Company holds significant tin Resources across the three Key Deposits of Gillian, Pinnacles and Windermere
- Substantial metallurgical development work has been carried out on Gillian mineralisation leading to an efficient high recovery flowsheet
- DFS results indicated that based on the current lower tin prices further tin resources would be required to extend the Gillian mine life to improve financial viability of the project
- Review was completed on resource extension options including Pinnacles and other alternatives
- Pinnacles required additional flowsheet development and recovery equipment for Fluorine removal (a valued by-product) prior to tin recovery
- Subsequently two prospects, owned by Snow Peak Mining Pty Ltd (SPM), Tin01 and Wriggly, have been identified in near proximity to Gillian with potentially similar mineralisation
- Further exploration is planned on these two new prospects to potentially increase resources with similar mineralisation to Gillian
Um, did I read this correctly? SPM assets bring two deposits...
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