19th Aug 2022 09:40
(Alliance News) - First Tin PLC said on Friday it has started a definitive feasibility study at its Tellerhauser tin deposit in Saxony, Germany.
The London-based tin producer said it appointed German consultancy DMT GmbH & Co KG to undertake the "key" work stream study.
Chief Executive Thomas Buenger said the company is aiming to rapidly bring the Tellerhauser project into production. The study is expected to complete in the second half of 2023.
Buenger added that in tandem to this, the firm is undertaking extensive drill programmes in Australia and Germany.
Shares in First Tin were untraded at 13.50 pence on Friday morning in London.
By Heather Rydings; [email protected]
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