Sky Metals Limited announced assay results have now been received for eleven RC drillholes completed in October for a total of 1,913m at the Tallebung Target. Results show strong tin mineralisation, further growing the bulk tonnage tin mining potential at Tallebung. Results include: TBRC042: 11m @ 0.81% Tin from 27m, including; 3m @ 2.70% Tin from 31m.

TBRC040: 17m @ 0.38% Tin & 47.6g/t Silver from 30m, including; 4m @ 1.17% Tin & 171g/t Silver from 30m. TBRC036: 17m @ 0.30% Tin & 0.09% Tungsten from 75m, including; 2m @ 1.69% Tin, 0.24% Tungsten from 86m. Diamond drilling has now commenced at Tallebung to further expand on these strong results, already intercepting strong coarse cassiterite (tin oxide) mineralisation.

Further metallurgical testwork has successfully demonstrated a trial of density medium separation (HMS) on the crusher fines. HMS in combination with ore sorting can potentially to reduce the mass to be processed in a plant to a quarter of the total mass mined - significantly reducing any future project capex and opex.