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First Tin Plc Announces High-Grade Mineralization at Gottesberg Tin Project

First Tin, a tin development firm with sophisticated, low-capex productions in Germany and Australia, has announced that high-grade mineralization at its Gottesberg tin project in Germany has been validated with a preliminary intercept of 6.5 m at 0.98% Sn from a 124.7 m downhole.

First Tin Plc Announces High-Grade Mineralization at Gottesberg Tin Project.

Image Credit: PYP

Around November 24th, 2021, and March 30th, 2022, 16 drill holes totaling 2080.5 m were drilled from 7 drill sites in the project site. This 16-hole program included 11 holes (1597.5 m) intended to assess for an interpreted higher-grade core to the huge but moderately grade Gottesberg tin deposit (42.1Mt at 0.27% Sn containing 114,000t tin in specified and inferred resources).

This is of specific importance because it could provide a source of high-grade mineralization that could be pre-concentrated and transferred to the Tellerhäuser project for further processing.

The first three drill holes at Gottesberg have now yielded results: SaxGB003-01, SaxGB003-02, and SaxGB003-03.

The huge, moderate-grade mineralization zone was intersected as expected by drill hole SaxGB003-03, which returned a total downhole intercept of 90.8 m at 0.15% Sn from 75.8 m downhole.

A high-grade intercept of 6.5 m (downhole) at 0.98% Sn from 124.7 m was discovered beneath medieval surface workings within this zone and close to the region of underground workings earlier opened up during the 1960s. This excellent result validates the conceptual high-grade target zone.

Drillhole SaxGB003-02 failed to meet the intended target, indicating that the mineralization in this region is steeper than expected.

Drillhole SaxGB003-01 was designed to target an IP anomaly outside the recognized mineralization region, which was construed as a possible addition of the higher-grade mineralization. This yielded low-grade tin mineralization with an ideal intercept of 17.8 m at 0.05% Sn from 109.2 m, which could be the source of the IP anomaly.

More drill core samples are being analyzed at ALS in Romania, and First Tin is anxiously awaiting proof of additional high-grade mineralization construed from drilling all along the strike recognized in drill hole SaxGB003-03.

We are pleased to confirm the presence of high-grade mineralization at the Gottesberg tin project in Germany, which is inearour Tellerhäuser project.

Thomas Buenger, CEO, First Tin

Mineralization from this area is intended to deliver additional ore for processing at a central processing facility, building our presence as a supplier of conflict-free, local tin for the German and European technology markets. We look forward to announcing additional results in the coming weeks and months.”


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