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First Tin Completes Drilling at Taronga Project, Eyes Expansion

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First Tin Completes Drilling at Taronga Project, Eyes Expansion

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First Tin Plc ( (GB:1SN) ) has issued an update.

First Tin PLC announced the completion of its drilling program at the Taronga tin project in New South Wales, Australia, which aims to convert inferred resources to measured and indicated status. The drilling results indicate potential for wider and deeper pits, a longer mine life, and improved project economics. With tin prices rising and a tightening global supply, the Taronga project positions First Tin as a leading undeveloped tin asset, with plans to update its resource and reserve estimates and publish an optimized DFS by mid-2026.

More about First Tin Plc

First Tin PLC is an ethical tin production company focused on developing high-value, low-capex tin assets in Germany and Australia. The company aims to supply tin from conflict-free, low political risk jurisdictions, supporting the global clean energy and technological revolution with best-in-class environmental standards.

Average Trading Volume: 255,251

Technical Sentiment Signal: Buy

Current Market Cap: £35.58M

For an in-depth examination of 1SN stock, go to TipRanks’ Overview page.

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