20th Jun 2022 11:02
First Tin PLC - London-based tin development company with projects in Germany and Australia - Confirms high grade mineralisation at its Gottesberg tin project in Germany. Reports initial intercept of 6.5 metres at 0.98% tin from 124.7 metres downhole. Drillhole SaxGB003-03 intersects large, moderate grade mineralisation zone as expected, returning an overall downhole intercept of 90.8 metres at 0.15% tin from 75.8 metres downhole. "This is an excellent outcome and supports the validity of the conceptual high grade target zone," the company says. Results help the firm build a "presence as a supplier of conflict free, local tin for the German and European technology market," explains Chief Executive Officer Thomas Buenger.
Current stock price: 18.34 pence, up 0.5% in London
12-month change: down 39%
By Heather Rydings; [email protected]
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