Metals X Limited
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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.
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These exploration activities will focus on the immediate vicinity 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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