significant tin intercepts from mt garnet

SIGNIFICANT TIN INTERCEPTS FROM MT GARNET DRILLING PROGRAM

Results also show significant Iron mineralisation
Australian tin exploration and development company Consolidated Tin Mines (ASX: CSD) is pleased to announce that the first results from its recently completed rilling program at the Company's flagship Mt Garnet Tin Project area in north Queensland have returned significant intercepts of both tin (Sn) and iron (Fe) mineralisation.

The Mt Garnet Project area is located around 200km south west of Cairns in one of Australia’s
premier tin fields.

The first assay results received were from two holes drilled at the Gillian Project. Summary results are
as follows;

Hole 1 22-25 metres downhole, 3 metres at 2.82%Sn and 34.5%Fe

35-45 metres downhole, 10 metres at 0.82%Sn and 38.3%Fe
Hole 2 36-38 metres downhole, 2 metres at 0.65%Sn and 27.4%Fe

53-55 metres downhole, 2 metres at 2.07%Sn and 40.6%Fe
(Hole 2 ended in mineralisation at 55 metres)

Full details of results from the two holes available to date are attached (see Table 1 at the back of
this announcement).

Consolidated Tin executive technical director John Sainsbury said that the results were very
pleasing and confirmed the mineralisation concept the Company was testing.

“Further assay results will be available over the coming weeks and these will include assayed
samples of the strike extent of mineralisation at the Gillian Project as well as from the Pinnacles and
Deadmans Gully Project areas,” Mr Sainsbury said.
The Drill samples were collected at one metre intervals and assays were completed on each one
metre sample. The assay work was completed by the Burnie Research Laboratory in Tasmania by
the XRF fusion method.

Only total Sn and Fe results for the initial two holes are currently available. The recently completed drilling program targeted the Company’s three key deposits; Gillian,
Pinnacles and Deadmans Gully and was designed to provide verification of existing data and obtain material for metallurgical testing.
ENDS