Sky Metals Limited (AU:SKY) has released an update.
Sky Metals Limited has embarked on an ambitious drilling program at the Tallebung project, aiming to significantly increase their Mineral Resource Estimate (MRE) by targeting high-grade tin areas. The company has also reported promising high-grade tin and tungsten results from the Narriah project, which will help in the exploration of new mineralization under extensive sand cover. Additionally, a successful $4.2 million funding placement will support the continued development and upcoming mining studies at Tallebung.
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