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Sky Metals Limited (ASX:SKY)

ALERT: Price-sensitive ASX Announcement for SKY
Current share price for SKY : $0.220 -0.03 (-12%)+
Announcement
Release
18 May 2026 8:47AM
Price at Release
$0.250
Full Release
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Summary
Sky Metals Limited announced significant results from the latest drilling campaign at the Tallebung Project in Australia, highlighting more wide, shallow, high-grade tin-tungsten-silver intercepts that bolster the potential for open pit development. The results, which include intercepts such as 23m at 1.14% tin with 0.03% tungsten and 17m at 0.79% tin with 0.04% tungsten, are set to be incorporated into an updated Mineral Resource Estimate (MRE) and Pre-Feasibility Study (PFS) due for release this quarter. The company has completed over 500 drill holes at Tallebung, with further results expected to support ongoing resource growth.
Key Points
  • Significant new shallow, high-grade tin-tungsten-silver intercepts identified.
  • Results will be included in the upcoming Mineral Resource Estimate and Pre-Feasibility Study.
  • The Tallebung Project shows strong potential for open pit development.
  • Over 500 drill holes completed at the site.
  • Further drilling results pending, supporting resource growth.
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.