Project

Mount Garnet Tin:

In Mid 2010, MGT discovered high-grade Tin Mineralisation from its drilling program at Extended and Dalcouth. The project is located on the north eastern margin of the Georgetown Inlier, as defined by the Palmerville Fault.

Initial Drilling returned some of the best Tin intersections seen in Australia for some time. For Example, Drilling Results confirmed outstanding potential high grade intercepts at Summer Hill MLA 20547 Including, 2m @ 8% Sn, 3m @ 4.7% Sn, 4m @ 1.2% Sn with all significant intercepts being 50 Metres from the surface.

Excellent high grade Tin intercepts received from initial assay results including:

  • 4m @ 1.2% Sn (SH03) between 33 to 40m, includes 1m @ 1.7% Sn
  • 2m @ 8% Sn (X02) between 25 to 28m, includes 1m @ 15.75% Sn
  • 5m @ 0.8% Sn (DAL 48) from 7 to 12m, includes 1m @ 2.6% Sn
  • 3m @ 1.6% Sn(DAL50) between 19 to 24m, includes 1m @ 3.2% Sn

MGT intends to commence a major infill drill program with future exploration work focused on testing the continuity of the ore bodies and identification of new mineralised zones.

Drilling at Mount Garnet Tin Prospect

Drilling at Mount Garnet Tin Prospect.

Lab Assay Samples

Lab Assay Samples.

 

Mount Veteran Plant

The Mount Veteran Plant (‘the Plant’) was constructed in 1980 to treat hard rock tin ores from deposits in the area now covered by MLA 20547. During the period 1984-2003 the tin price was low due to releases of metal from The Tin Council’s stockpile and the US strategic stockpile. As a result, mining activity was at low levels and the Plant was operating intermittently; mainly as a toll treatment plant.

MGT is now leading the resurgence of tin mining around Mt Garnet, including the refurbishment of the Mt Veteran Plant. MGT completed the implementation of a new plant design by upgrading the Mount Vetera Plant to process hard rock tin ore at a rate of around 50,000 tpa.

The Company is planning a further upgrade to the capacity within the next three years.

Mt Veteran Mill prior to major refurbishment works commencing

New Spirals Installed as part of the Mt Veteran Plant upgrade