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YTC Resources has obtained significant tin assay results from aircore drill holes on the 3KEL deposit at its Doradilla Project in New South Wales.
The results have further increased the strike length of near-surface tin-laterite mineralization. Significant new drill intercepts include 35 metres @ 1.2% tin, 42 metres @ 1.32% tin including 10 metres @ 4.44%, and 28 metres @ 1.46% tin. These results are all recorded from the upper 'tin-laterite' oxide zone of the 3KEL deposit. The consistent grades and shallow depths point to the potential for a large, shallow resource suitable for low-cost open cut mining. YTC's drill programme combined with historical drilling, demonstrates continuity of strong, near surface mineralization over a strike length of at least 2km within a laterally extensive mineralized zone of 16km, much of which is yet to be tested by drilling. YTC will now begin metallurgical test work on the tin-laterite ores and engage consultants to correlate the drilling results against the historic drilling to allow for the conversion of the historical estimates to JORC-compliant resources. |