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Sky Metals Limited (ASX:SKY)

ALERT: Price-sensitive ASX Announcement for SKY
Current share price for SKY : $0.225 0.147 (188.46%)+
Announcement
Release
21 Jul 2025 8:54AM
Price at Release
$0.078
Full Release
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Summary
Sky Metals Limited announced the discovery of a new high-grade silver-tin zone at the Tallebung Project in New South Wales. The company has reported significant assay results from recent drilling, demonstrating the presence of high-grade silver and tin mineralization at shallow depths, further confirming the potential for substantial resource expansion. The discovery includes notable intersections of both silver and tin, with mineralization extending over wide intervals, suggesting a large and continuous system. These results position Tallebung as a premier silver-tin exploration project in Australia, with ongoing drilling aiming to further define and expand the resource. The announcement outlines the technical details of the drilling program, geological context, and next steps for exploration and resource assessment.
Key Points
  • Sky Metals Limited has discovered a new high-grade silver-tin zone at the Tallebung Project.
  • The discovery was made through recent drilling, which returned significant assay results for silver and tin.
  • High-grade mineralization is present at shallow depths and over wide intervals.
  • The results indicate potential for a large, continuous mineralized system at Tallebung.
  • Tallebung is being positioned as a leading silver-tin exploration project in Australia.
  • Ongoing and planned drilling programs aim to further define and expand the resource.
  • The announcement details technical and geological information supporting the discovery.
  • Sky Metals plans continued exploration and potential resource expansion based on these findings.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.