Live Currency Rates
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Consolidated Tin Mines unearths new tin zones at Mt Garnet  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 12/02/2013

No. of Ratings : 0
Add to Mixx!


(MENAFN - ProactiveInvestors - Australia) Consolidated Tin Mines (ASX: CSD) has discovered five new anomalous tin zones through soil sampling at its Mt Garnet Tin Project area in northern Queensland.

The new tin zones were identified from a recently completed hand held XRF soil geochemical program within the Mount Garnet area.

Sampling tested the highly prospective contact between O'Briens Creek supersuite granites and the Hodgkinson Formation.

Rock chip and mine waste grab samples collected from these anomalous zones returned significant anomalous tin values.

The most significant anomaly identified during stage one of the soils program occurs within the Crisis area, where a broad, strong tin anomaly was identified in an area associated with historical mining.

The Crisis anomaly returned a several soil samples reading greater than 1,000 parts per million up to 2,150 parts per million tin.

Strongly anomalous samples were discovered over an area of 1 by 1.5 kilometre, with rock chip and grab samples within the anomaly area grading up to 20% tin " based on handheld XRF.

Historical drilling in this area in 1976 by Western Mining intercepted 13 metres at 0.66% tin from 84.25 metres, including 6.75 metres at 1.03% tin; and 4.4 metres at 0.53% tin from 13.1 metres, including 1 metre at 1.65% tin.

The anomaly identified in the Sailor Valley area corresponds to an area where historical drilling also intercepted strong tin anomalism.

The Sailor Valley anomaly remains open and is the strongest of the five anomalies identified during the initial soils program. Its smaller size rates it behind Crisis in potential.

The Sailor Valley anomaly is defined by consistently high (greater than 1000 parts per million) tin anomalism (up to 3,300 parts per million) over a 400 metre long by 250 metre wide zone which is open to the north and south.

Minimal historical drilling by Newmont produced best intercepts of 3 metres at 1.09% tin.

In the Never Can Tell area, a prominent northwest to southeast trending magnetic anomaly and historical costeans are associated with a number of 150 to 400 metre long, 10 to 50 metre wide greisen zones.

This greisenised contact between granite and metasediments at Never Can Tell represents a significant target.

The soil anomaly extends over a 200 metre long by 500 metre wide zone which remains open to the south.

The anomaly is defined by historical costeans and moderate to strong tin anomalism (up to 3,900 parts per million tin by hand held XRF), where stronger results are associated with siliceous greisen veins in outcrops containing course cassiterite.

There has been no historical drilling at the Never Can Tell Prospect.

The Coolgarra anomaly occurs in an area where a number of historical mines and costeans exist.

The Alhambra Mine, consisting of three main shafts, two adits and a number of smaller workings, remained in operation throughout the 1800s up to 1906 producing 21,600 tonnes of tin ore (435 tonnes of tin oxide).

The Coolgarra anomaly is defined by historical mining, significant drill intercepts from previous drilling by Consolidated Tin Mines, and strong tin anomalism (ranging up to 2,560 parts per million) over a broad zone.

High grade rock chip and grab samples have also been returned from the anomaly.

Lastly, the weakest of the anomalies identified during stage one of the soils program occurs in the Top Nettles region.

This anomaly is indicated by a broad area where three 500 metre spaced sample lines picked up moderate to strong tin anomalism.

The Top Nettles anomaly is defined by moderate to strongly anomalous tin (ranging up to 2,700 parts per million tin) on at least three lines; rock chips and grab samples with significant tin values; and numerous historic small tin workings in Top Nettles area.

Stage two of the program will involve infill and line extensions at all five targets, followed by targeted drilling aimed at defining additional resources.


  MENA News Headlines
Apr 24 2014Kuwait inflation edges up 2.96% y/y in March ,Arab Times
(MENAFN - Arab Times) Wait city april 23 (kuna): kuwait's annual record of the general index of consumer prices (inflation) rose in march by 2.96 percent compared with the same month of last year ...

Apr 24 2014DPG launches Masat to oversee portfolio ,Khaleej Times
(MENAFN - Khaleej Times) Dubai properties group (dpg) has announced the establishment of masat a new dedicated portfolio management company responsible for overseeing and managing dpg?s built to ...

Apr 24 2014UAE- Shapoorji Pallonji enters final stage on Bloom Central ,Khaleej Times
(MENAFN - Khaleej Times) Leading regional and international construction company shapoorji pallonji has entered the final stage of construction of bloom central project a 25-storey mixed-use ...

Apr 24 2014UAE- Huge turnout recorded at Gitex Shopper's first day ,Khaleej Times
(MENAFN - Khaleej Times) Buyers seek deals on newly launched smartphones the first day of gitex shopper spring edition recorded strong turnout despite the fact that it was a working day and ...

Apr 24 2014Landmark day for Dubai as bourse hits 5100 mark ,Khaleej Times
(MENAFN - Khaleej Times) Bourse hits 5100 mark; dhcog to prepay $555m; govt raises $750m from sukuk it was a landmark day for dubai on wednesday as the emirate made significant progress on ...

Apr 24 2014Kuwait's consumer price rises by 2.96 percent in March ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Kuwait's annual record of the general index of consumer prices (inflation) rose in March by 2.96 percent compared with the same month of last year, the Central ...

Apr 24 2014UN Chief: All Parties in Syria Blocking Aid ,Qatar News Agency
(MENAFN - Qatar News Agency) w York April 24 - The UN Secretary General Ban Ki-moon has accused all parties in Syria's civil war of "flagrant violations" of international law over the delivery of ...

Apr 24 2014Dubai Investments raises foreign ownership cap to 35% ,Khaleej Times
(MENAFN - Khaleej Times) Dubai investments (di) the largest investment company listed on the dubai financial market (dfm) has raised the foreign ownership limit in the company from the existing 20 ...

Apr 24 2014Tim Hortons opens at Dubai Chamber ,Khaleej Times
(MENAFN - Khaleej Times) Tim hortons recently celebrated the opening of its newest cafe and bake shop restaurant at the dubai chamber of commerce and industry by the dubai creek. hamad buamim ...

Apr 24 2014Heads of aid agencies urge int'l community to find the courage, will Syrians have plenty of ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The Heads of five UN Aid Agencies on Wednesday urged the international community to find the courage and will the Syrian people have to cope with and survive over ...

Apr 24 2014Abu Dhabi investment zones home prices jump 20% in Q1 ,Khaleej Times
(MENAFN - Khaleej Times) 2100 residential units were delivered to the market: adib report homes prices in abu dhabi’s investment zones rose up to 20 per cent in the first quarter of ...

Apr 24 2014UAE- Investcorp continues expansion ,Khaleej Times
(MENAFN - Khaleej Times) Investcorp a global provider and manager of alternative investment products announced that it has opened a new representative office in abu dhabi. the office is situated ...

Apr 24 2014UAE- UPC issues guidelines on underground utilities installations ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi has come up with new guidelines for the installation of underground utilities which will also help in cutting costs. the new guidelines would benefit ...

Apr 24 2014SMEs play crucial role in boosting Dubai's growth ,Khaleej Times
(MENAFN - Khaleej Times) Pinsent dec and zawya recommend relaxing lending rules more could be done to enable small and medium-sized businesses to get the finance they need to grow and boost ...

Apr 24 2014UAE's Emaar profit grows 55 percent in Q1 ,MENAFN
(MENAFN) Net profit of Dubai"s Emaar Properties saw a 55 percent rise in the first quarter of 2014 on growing regional economy, according to Arab News. Emaar profit for the quarter was estimated ...

Apr 24 2014How well do you know Macklemore & Ryan Lewis? ,Khaleej Times
(MENAFN - Khaleej Times) One of 2013?s most successful acts worldwide hip-hop pair macklemore & ryan lewis are back with a bang for their abu dhabi concert on friday ...

Apr 24 2014Kuwait Social Media Summit kicks off ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The 2nd Annual Kuwait Social Media Summit, kicked off here on Wednesday, is a high-level event which brings together social media experts across the government, ...

Apr 24 2014GCC states need comprehensive defensive strategy - Bahraini official ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The King of Bahrain's advisor for diplomacy Mohammed Abdulghaffar said that Gulf Cooperation Council states need a "comprehensive strategy" focused on developing ...

Apr 24 2014US says any Palestinian gov't must "unambiguously" commit to nonviolence, existence of Israel ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The US stressed here Wednesday that any Palestinian government must "unambiguously and explicitly commit to nonviolence, recognition of the state of Israel, and ...

Apr 24 2014Arab League hails Palestinian party reconciliation pact ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Arab League chief Nabil Al-Araby has commended the agreement for a national unity government formation reached between the once rival main Palestinian parties, ...


Live Currency Rates



Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Investment Game
Economic Calendar
Financial Glossary

Portfolio Tracker


Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2000 All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help