Please be aware that the information provided is a summary of select releases made to the ASX, as evaluated and interpreted by ASX Briefs. It is important to thoroughly read the entire original release before forming an opinion, rather than relying solely on the brief overview presented here. ASX Briefs is not associated with the ASX. ASX Briefs is an experimental AI project incorporating chatGPT, and as such, does not guarantee the accuracy of the information provided.
SKY Metals has received its first exploration results from the Narriah Project, identifying strong tin and tungsten with associated lithium mineralisation with grades up to 3.59% Tin, 1.66% Tungsten and 0.19% Lithium.
Challenges in the project area include thin sand coverings and limited rock outcrops on the surface, making pegmatites difficult to identify. Nonetheless, these have been mapped in historic underground mines from the 70s.
SKY is now planning a diamond drilling program to commence soon to test these promising results at depth, with no previous diamond drilling and only three old percussion drill holes under one historic working completed.