Announcement Date: 2022-09-26
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Metals X Ltd.
Project name: Renison
Location: Australia
Commodities: Copper,Tin
Highlight: Drilling results incl. 26.93m at 4.57% Sn, 0.14% Cu from 225.07m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Metals X Limited (Metals X) is pleased to provide an update on the ongoing near mine exploration drilling program at the Renison Tin Operations (Renison), in which it holds a 50% equity interest. Renison is managed by Bluestone Mines Tasmania Joint Venture Pty Ltd (the Manager) on behalf of the joint venture owners. During 2019, seven holes were surveyed in a program using a single axis DHEM probe. This program identified 24 conductor plates from seven target areas, 13 of which were off hole conductors. An initial program of three diamond drill holes was planned and executed to test the ranked conductors and assess the potential for the DHEM method to detect tin bearing structures and host rocks. These three holes intersected structural zones with associated sulphide mineralisation coincident with conductor plates. A follow up program of six holes was planned to test the next set of priority targets. S1671 is the second of these holes.
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