TNT Mines Discovers High Grade Tin Deposit

TNT Mines (ASX:TIN) reports favourable findings following an operational update on its Tasmanian tin and tungsten projects, where it has been working up targets around the historical tin-tungsten mining operations and infrastructure at Aberfoyle and Storey’s Creek. The new Board has focused on the unmined Lutwyche-Kookaburra quartz vein system as a key brownfield target.

As quoted in the press release:

Lutwyche-Kookaburra comprises up to six narrow but strongly mineralized veins that are accessible via surface shafts and from existing underground development extending from the Aberfoyle mine, 350m below surface. The combined vein system has been previously considered to offer a target comparable to Aberfoyle.

As part of the review, two previously un-sampled surface diamond drill holes (LDD002 & LDD003) were logged and processed. Assay results confirm that narrow quartz veins logged in core are tin mineralized, and correspond to veins mapped at surface and extending downward to historical underground development.

“We consider the assay results from the two recently logged and sampled unprocessed diamond drill holes as strongly consistent with historical observations in underground and surface mapping, and confirms the Lutwyche/ Kookaburra vein complex to be a significant narrow-vein tin-tungsten target,” chairman Brett Mitchell said.“We will continue to evaluate optimal programs to progress this, and other prospects on the Aberfoyle licence, while preparing for inaugural diamond drilling at our nearby Great Pyramid licence.”

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