Who owns tin on the ASX?
So with a looming shortage and demand for tin in the electronics sector only likely to rise, who has tin in their back pocket on the ASX?
Iron ore minerVenture Minerals (ASX:VMS)recently restarted exploration at the Mount Lindsay tin-tungsten project near Renison in Tasmania, one of the world’s largest undeveloped projects with around 80,000t in resource.
Silver explorerThomson Resources (ASX:TMZ)owns the Bygoo Tin Project in New South Wales, which surrounds the Ardlethan mine, the Aussie mainland’s largest tin producer historically at 31,500t.
It is planning a new round of drilling to work on defining a resource after recent discoveries from hits like 118m at 0.43% Sn from 57m depth at the Stewarts prospect and 23m at 1.4% Sn, incl. 4m at 3.52% Sn at P380.
Aus Tin Mining (ASX:ANW)had planned to divest its mothballed Granville tin project in Tasmania and Taronga project in New South Wales as it pivoted to coal, but has since reviewed that decision in light of improved tin market conditions. The $12.7m capped microcap is particularly bullish on the “world class” 57,200t Taronga project.
Brisbane’sElementos (ASX:ELT)is working on a DFS on its flagship Oropesa project in Spain where it has conducted a major resource definition drilling program, as well as the Cleveland tin project in Tasmania.Stellar Resources (ASX:SRZ)also has an early stage project in Tasmania at Heemskirk.
At *, we tell it like it is. While Venture Minerals and Thomson Resources are * advertisers, they did not sponsor this article.
Above article can be read from tweet above.
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