Aus Tin Mining Announces Extensive Cobalt, Copper and Nickle Target Generation at Mt Cobalt | Finance News Network

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Aus Tin Mining Announces Extensive Cobalt, Copper and Nickle Target Generation at Mt Cobalt

Highlights:

• 3D magnetic modelling identifies elevated magnetic susceptibility along a 3.1km trend, including three discrete targets of high magnetic susceptibility indicative of massive sulphides, which in conjunction with surface mapping and resistivity data have been used to plan three diamond drill holes to test for potential sulphides

• Combined 3D magnetic modelling and geochemistry identifies two potential shear zones that elsewhere host high cobalt grade mineralisation, and will be the target for five shallow drill holes

• A geological comparison of Mt Cobalt the Koniambo nickel / cobalt resource (New Caledonia) provides some direction for future exploration, supported by recent field work at Jackson North

The Directors of Aus Tin Mining Limited (the Company) are pleased to provide the following update in respect of the Company’s Mt Cobalt project, approximately 40km west of Gympie, Queensland.


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