First Tin PLC - tin project development in Germany and Australia - Says all drilling, including ‘phase 2’ infill and extension drilling at the Taronga tin project in Australia, is now complete. Says results confirm about 400 metres extension to the southwest, confirming mineralisation.

Chief Executive Officer Thomas Buenger says: ‘The First Tin team in Taronga has made great progress over the past year and we are incredibly pleased to confirm that all drilling at our Taronga tin project in Australia is now complete and that the results from the programme have confirmed an approximately 400m extension to the southwest.’

The company expects results of a revised mineral resource estimate in the third quarter of 2023.

Current stock price: 8.00 pence each, up 2.6% on Monday afternoon in London

12-month change: down 57%

Copyright 2023 Alliance News Ltd. All Rights Reserved.