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Metals X Achieves Significant Exploration Results at Renison Tin Operations — ASX:MLX| ASX Mining News & Discussion
L
Lykeshares
2y
Official
$MLX
Metals X Achieves Significant Exploration Results at Renison Tin Operations
Metals X Limited has made significant strides in its exploration drilling efforts at Renison Tin Operations (Renison), in which it holds a 50% equity interest. The recent drilling campaign, conducted by Bluestone Mines Tasmania Joint Venture Pty Ltd on behalf of the joint venture owners, has yielded promising results.
The surface exploration drilling program aimed to test down hole electromagnetic (DHEM) conductors identified during a 2019 DHEM survey of historic drill holes surrounding the known mineralization at the Renison Mine. Notably, three out of the five follow-up diamond drill holes have returned significant assay results, showcasing the potential for valuable mineralization in the area.
While awaiting the assay results for drill holes S1682 and S1678, Metals X remains optimistic about the findings thus far. Executive Director Mr. Brett Smith expressed confidence in the area and outlined plans for further investment in near-mine exploration. These exploration activities will focus on the immediate vicinity
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of the new assay results, leveraging the existing mining concession and proximity to underground infrastructure.
The positive exploration drilling results serve to enhance Metals X's understanding of the Renison Tin Operations area and bolster their commitment to its development. As the company continues its exploration efforts and receives further assay results, the potential for expanding the operations at Renison grows.
Metals X Limited remains dedicated to unlocking the full potential of the Renison Tin Operations, leveraging their expertise and resources to establish a strong foundation in the tin mining industry.
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L
Lykeshares
129d
Official
Berkshire is hoarding so. much. cash.
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L
Lykeshares
129d
Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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L
Lykeshares
160d
Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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L
Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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L
Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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L
Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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L
Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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