Latest Tin Mining News Headline
 Friday, November 20, 2009
MALACHITE RESOURCES LIMITED
Malachite Resources Limited advises that all assay results have now been received for a program of reverse circulation percussion drilling at the Standon Tin Prospect, part of the company’s wholly owned Delungra Project. In all, 26 holes were drilled, for a total of 1,605 metres. The objective of the drilling was to ascertain whether the soil tin anomaly reflected a broad zone of stockwork veining, implying a low grade, bulk tonnage style of mineralisation, or was due to a more limited number of narrow, higher grade veins that are shedding into the soil. The results indicate that the latter interpretation is more likely in this case. Stream sediment geochemistry within EL7011 has identified a further two anomalies with signatures similar to that at Standon and these will be followed up in the field early in 2010.
Property: DELUNGARA
(Complete Text of Nov 20, 2009 News Release) PDF |
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Top tin producing countries: China, Indonesia, Peru, Bolivia, Brazil, Russia, Vietnam, DRC, Malaysia, Australia
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