The Board of Sky Metals Limited advised of the completion of RC drilling and commencement of diamond drilling at the Tallebung Tin Project and the results of the latest RC drilling campaign at the Doradilla Tin Project. The RC drilling program of 11 RC holes for a total of approximately 1,913m has been completed at the Tallebung Tin Target to continue to extend and infill the consistent, strong results achieved in the previous programs. The program has primarily focused on extending the Tallebung mineralisation to the south where strong potential for extensions to the bulk tonnage tin mineralisation were shown, notably in TBRC034. The first two RC holes of this program, TBRC036 and TBRC037, were drilled to infill the strong results previously intercepted in the vicinity of TBRC006 (87m @ 0.18% tin from 60m).

Both holes successfully intercepted consistent and broad quartz veining and alteration consistent with intercepting the tin lode system. Drilling then moved to target the southern extension identified in TBRC034 in the previous RC program at Tallebung. TBRC038 was drilled aiming to extend the tin lodes system to the south.

TBRC038 was planned to be drilled deeper, however, poor ground conditions resulted in the hole being abandoned at 144m while still having been drilled to sufficient depth to test the primary target of the hole. TBRC039 was also abandoned prematurely at 35m due to drilling difficulties and was redrilled as TBRC040 which was also abandoned due to excessive hole deviation; however, TBRC040 had reached sufficient depth to test the main target. TBRC041 was drilled to test down dip extensions of the tin lodes and for repetitions of the tin lode system to the east.

The hole reached target depth and intercepted quartz veining an alteration indicating that the tin lode system was intercepted despite strong hole deviation.