Consolidated Tin hits mineralisation at Windermere
THE DRILL SERGEANT: Australian tin exploration and development company, Consolidated Tin Mines has received assay results from a recent drilling program carried out at the Windermere project.
The Windermere project is located within the company’s Mt Garnet Tin project near Cairns in northern Queensland.
The Mt Garnet Tin project is Consolidated Tin’s core project. It is made up of three main project areas; the Windermere, Gillian and Pinnacles projects.
The current total JORC Resource at the Mt Garnet project is 7.3 million tonnes at 0.60% tin.
The ironstone of the Windermere deposit occurs over a strike length of 2.9 kilometres and includes strike extent to an area known as the Deadmans Gully.
According to Consolidated Tin’s announcement to the Australian Securities Exchange the Deadmans Gully deposit is a faulted offset from the main Windermere ironstone.
“To the north of the Deadmans Gully deposit, the better graded tin mineralisation of the main Windermere ironstone occurs within four individual sections, each of 400 metres of strike length,” the company said.
“The drilling to date has tested strike extent of mineralisation and confirmed each as a dipping, tabular shaped mineralised lens.
“The depth extent of each of these four lenses has not been tested to date and ongoing drilling is planned to provide information for a more confident estimation of the shallow, openpittable mineralisation.”
Consolidated Tin said it is pleased with the latest Windermere drilling results as it considers them to provide validation of the company’s plan to develop the Mt Garnet Tin project into a large scale, near-surface, open pit tin mining operation.
The Windermere project currently has a JORC Inferred Resource of 2.1 million tonnes at 0.55% Tin.
This latest Windermere drill program drilled a total of 49 holes across 4,132 metres. The program was designed to target and extend the higher grade zones identified from the company’s previous drilling at Windermere.
Consolidated Tin is now waiting on further assay results from recent drilling from the Gillian deposit where 1,615 metres of RC drilling across 17 holes was carried out at the southern extension of mineralised area in conjunction with 585m of diamond drilling across 12 holes.
The Coolgarra project was subjected to 1,816mtres RC drilling across 28 holes.
The company said the assay results from this drilling will be released once they have been received.
Consolidated Tin now plans to undertake further drilling programs as part of its 2011 explorations season.
This will see:
– A drilling program at the Pinnacles project designed to increase Resource base;
– Further drilling at the Gillian project to follow up native copper intersection; and
– Further drilling at the Coolgarra group of projects to follow up better intersections.