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Aus Tin Reports First Assays From Maiden Drill Program at McDonalds Prospect

Kristen Moran
Aug. 18, 2015 09:37AM PST
Industrial Metals Investing

Aus Tin Mining Ltd (ASX:ANW) announced the first assay results from the maiden drill program at the McDonalds prospect, which was completed in July.

Aus Tin Mining Ltd (ASX:ANW) announced the first assay results from the maiden drill program at the McDonalds prospect, which was completed in July.
As quoted in the press release:

Six reverse circulation holes for a total of 361 meters were completed (refer Table 1).  Assay results for the first completed drill hole (MRDC001) include 2 meters at 0.26 percent tin from 16 meters; 4 meters at 0.64 percent tin from 48 meters (including 1 meter at 1.38 percent tin from 48 meters and 1 meter at 1.04 percent tin from 51 meters); and 4 meters at 0.46 percent tin from 57 meters.  MRDC001 terminated in mineralization (1 meter at 0.27 percent tin) at a depth of 61 meters.
The McDonalds Prospect is located within EL7800 and is approximately 6km NW of the Taronga Tin Project.   Mineralisation at McDonalds comprises various zones of sheeted quartz veining and greisen over a strike length of approximately 2km and up to 500m wide (refer Figure 1).    Previous work completed by the Company included geochemical and Induced Polarisation surveys to identify areas of coincident anomalism and priority drill targets.  Eight priority targets to a depth of 150m (Figure 1) were identified, of which five have been completed (plus a wildcat sixth hole) to an average depth of 60m.   Follow‐up drilling is planned.  The drilling to date has confirmed a mineralised zone of approximately 130m wide on the western end of the 2km long soil anomaly.

Click here to read the full Aus Tin Mining Ltd (ASX:ANW) press release.
 

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