Aus Tin Mining (ASX:ANW) talks Taronga Tin Project

16/10/2017 11:20:00

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The project we hope will be considered by the Glen Innes Severn Council subject to the satisfactory work having been completed. In terms of stage 1 itself, it's a trial mine. We're looking to test areas of the upside we identified during the 2014 pre-feasability study. The most notable opportunity for us is an increase in the plant feed, which is based on historic bulk samples, geo-statistical work and some drilling that we did. We believe that there could actually be significantly higher grade than resource grade. An evaluation that we completed in late 2016 and which is available on our website indicates that even a modest increase in the grade could almost triple the NPV of the project at current prices, so very exciting...