The Assay TV catches up with Oliver Davies, CEO of Sky Metals (ASX: SKY), an ASX listed public company focused on the development and exploration of mineral resources in Australia.
Oliver explains that with tin prices rising to the highest levels in almost two years, underpinned by growing supply uncertainty, the company has commenced a programme to increase the MRE at its Tallebung project, which represents a vital step towards developing tin resources to meet the growing global demand.
The drilling programme encompasses approximately 23 RC drillholes and 2-3 diamond drillholes for a total of ~5000m, and will target significant increases to the size and confidence of the current MRE at Tallebung, with the aim to expand the current MRE of 15.6Mt @ 0.15% tin towards the estimated exploration target which is only limited by the drilling completed to date.
Website: www.skymetals.com.au
Primary ticker: ASX:SKY
Stage of development: Exploration, Development
Commodities: Tin, Gold, Copper, REE
Project to promote: Tallebung Tin Project
Project location: Australia
