Minemakers to spin off Tasmanian Assets

Minemakers Ltd (TSX:MAK,ASX:MAK) announced that it is going to re-name its`tungsten and tin producing subsidiary Minemakers TTT Pty Ltd , TNT mines.

The press release is quoted as saying:

Minemakers, via its wholly owned subsidiary, Minemakers TTT Pty Ltd, wholly owns mineral tenements covering all major historic hard rock producing tin and tungsten centres of North East Tasmania. The subsidiary company is to be re-named TNT Limited and the tenements contain: The major historic tin and tungsten mines of Aberfoyle and Storey’s Creek, the Lutwyche tin/tungsten deposit, the Anchor tin mine, the Royal George tin mine,the Great Pyramid tin deposit and various exploration targets based on outcropping mineralization and geophysical surveys.

To access the full release, click here.