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Sky Metals Limited ( (AU:SKY) ) just unveiled an announcement.
Sky Metals Limited has initiated a major new drilling program at its Tallebung Tin Project in New South Wales, aiming to expand high-grade tin-silver-tungsten zones discovered in a previous successful drilling campaign. The program includes over 100 drill holes targeting extensions of high-grade zones and in-fill drilling to update the Mineral Resource Estimate, with results expected to be progressively reported. This initiative is part of Sky Metals’ strategy to advance the project towards development, supported by ongoing metallurgical and environmental studies.
The most recent analyst rating on (AU:SKY) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on Sky Metals Limited stock, see the AU:SKY Stock Forecast page.
More about Sky Metals Limited
Sky Metals Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include tin, silver, and tungsten, with a market focus on expanding mineralized zones and enhancing resource estimates.
Average Trading Volume: 865,600
Technical Sentiment Signal: Hold
Current Market Cap: A$57.9M
For a thorough assessment of SKY stock, go to TipRanks’ Stock Analysis page.