Sky Metals (ASX:SKY) said extensional and infill drilling at its Tallebung deposit in New South Wales returned high‑grade tin, tungsten, and silver intercepts, according to a Tuesday filing with the Australian bourse.
The latest results include nine meters at 0.54% tin, 0.11% tungsten, and 205 grams per tonne grade of silver from 67 meters; 34 meters at 0.27% tin, 0.03% tungsten, and 57.7 g/t silver from 39 meters; 14 meters at 0.58% tin and 0.04% tungsten from one meter; 16 meters at 0.27% tin, 0.03% tungsten, and 15.4 g/t silver from 30 meters; and 10 meters at 0.44% tin and 0.02% tungsten from 14 meters.
An updated mineral resource estimate for the project is expected within two weeks, followed by a pre-feasibility study, the company said.
Sky Metals shares gained 2% in recent Tuesday trade.