Sky Metals Intersects High-Grade Tin-Tungsten-Silver Results at New South Wales Project; Shares Down 5%
MT Newswires Live10:54
Sky Metals (ASX:SKY) intersected shallow and high-grade tin-tungsten-silver results from diamond drilling at its Tallebung project in New South Wales, according to a Monday filing with the Australian bourse.
Drilling returned 17 meters at 0.7% tin, 0.03% tungsten trioxide and nearly 15 grams per tonne (g/t) silver from 26 meters, including 4 meters at 2.4% tin, 0.1% tungsten trioxide and 28 g/t silver from 28 meters, the filing said.
The company is expected to start drilling at the Theirman Mines prospect in the coming weeks, focusing on high-grade tungsten mineralization found through rock-chip sampling, per the filing.
Shares fell 5% in midday trade Monday.
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