The Directors of Aus Tin Mining Limited (ASX:ANW; the Company) are pleased to advise that the Taronga Stage 1 Development Application is scheduled to be considered by the Glen Innes Severn Council (GISC) on Thursday 21st December 2017.
The Taronga Tin Project (located in northern NSW) is a large world class resource containing 57,200 tonnes of tin, 26,400 tonnes of copper and 4,400,000 ounces of silver. In April 2014, the Company announced the results of an updated Pre-Feasibility Study (Updated PFS) which demonstrated technical and economic viability of the Taronga Tin Project. Based on an Ore Reserve of 22Mt at 0.16%Sn, approximately 2.5Mt per annum would be treated to produce approximately 3,000 tonnes of tin in concentrate over a 9 year Life of Mine. A number of areas of potential upside were identified in conjunction with the Updated PFS, including increased plant feed grade, increased tin recovery, the recovery of by-product credits and extension of the Mineral Resource at depth, each of these having the potential to increase significantly the value of the project.
For further information please download PDF attached:
Download this document