Brisbane, Feb 19, 2009 AEST (ABN Newswire) - Australian tin exploration company, Consolidated Tin Mines Limited (ASX:CSD) is pleased to announce the latest results from its most recent drilling program at the company's Gillian and Pinnacles Projects near Mt Garnet in northern Queensland.
The results are the final tin and iron assays from the Company's RC drill program which was carried out from October to December 2008. The drill program was designed to test the lateral extent of mineralisation found in the earlier drill programs in 2008, and it produced significant intercepts of tin mineralisation.
Highlight results from the most recent drilling are outlined below;
Gillian Project---------------------------------------------------Hole 84 30-57 metres down hole 27 metres @ 1.09% Sn, 43.7% Fe---------------------------------------------------Hole 85 3-5 metres down hole 2 metres @ 1.01% Sn, 16.5% Fe---------------------------------------------------Hole 86 14-20 metres down hole 6 metres @ 0.82% Sn, 24.4% Fe49-56 metres down hole 7 metres @ 0.70% Sn, 21.2% Fe49-56 metres down hole 7 metres @ 0.70% Sn, 21.2% Fe---------------------------------------------------Hole 87 15-18 metres down hole 3 metres @ 0.44% Sn, 36.0% Fe22-25 metres down hole 3 metres @ 0.57% Sn, 34.5% Fe---------------------------------------------------Pinnacles Project---------------------------------------------------Hole 48 49-54 metres down hole 5 metres @ 0.58% Sn, 12.5% Fe---------------------------------------------------Hole 49 12-14 metres down hole 2 metres @ 0.35% Sn, 21.7% Fe--------------------------------------------------- 23-27 metres down hole 4 metres @ 0.41% Sn, 34.4% Fe--------------------------------------------------- 31-33 metres down hole 2 metres @ 0.21% Sn, 16.1% Fe---------------------------------------------------Hole 54 35-40 metres down hole 5 metres @ 0.51% Sn, 17.0% Fe---------------------------------------------------Hole 55 13-21 metres down hole 8 metres @ 0.55% Sn, 14.4% Fe---------------------------------------------------Hole 56 0-5 metres down hole 5 metres @ 0.46% Sn, 12.6% Fe---------------------------------------------------Hole 68 10-12 metres down hole 2 metres @ 0.34% Sn, 13.6% Fe---------------------------------------------------Hole 71 22-31 metres down hole 9 metres @ 0.32% Sn, 30.8% Fe---------------------------------------------------Hole 72 13-18 metres down hole 5 metres @ 0.32% Sn, 22.2% Fe---------------------------------------------------
Previous assay results from this drill program (Gillian Project holes 75-83 and Pinnacles Project holes 57-64) have been announced to the market.
Results from all 2008 drill programs will now be used to confirm a JORC resource upgrade at all three key projects; Gillian, Pinnacles and Deadmans Gully. In addition to its tin exploration programs in the area, the company is exploring for iron mineralisation. It is also assaying for fluoride and will release a fluoride Resource when all assay results have been received.
The Gillian, Pinnacles and Deadmans Gully Projects are part of Consolidated Tin's wider Mt Garnet Project area, which is located 200km south west of Cairns in the Herberton Tin Field, one of Australia's premier tin fields.
The company is extremely pleased with the continuing excellent results from both Gillian and Pinnacles projects with drilling showing good widths and grades of both tin and iron, which provides a strong degree of confidence for the upcoming resource upgrade.
Assay results are being compiled by the fused bead XRF method, and results are total tin (Sn) and total iron (Fe). Assay work was completed by Burnie Research Laboratory.
Contact
Ralph De Lacey
Managing Director
Consolidated Tin Mines
Tel: +61-7-4081-0241
Mob: +61-428-163-176
Email: ralph@nqmining.com.au
Web: www.consolidatedtinmines.com.au
James Moses
Investor Relations and Media Relations
Mandate Corporate
Tel: +61-420-991-574
Email: james@mandatecorporate.com.au
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