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Sky Metals Limited (ASX:SKY)

ALERT: Price-sensitive ASX Announcement for SKY
Current share price for SKY : $0.180 -0.05 (-21.74%)+
Announcement
Release
23 Jun 2026 8:50AM
Price at Release
$0.230
Full Release
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Summary
Sky Metals Limited announced significant new shallow, wide, high-grade tin-tungsten-silver intercepts from its Tallebung Tin-Silver-Tungsten Project in New South Wales, Australia. The results from extensional and in-fill drilling further expand and enhance the Tallebung deposit, demonstrating strong potential for scalability and near-term development. Key drill results include notable high-grade zones that extend the mineralisation along the north-eastern margin of the existing deposit. An updated Mineral Resource Estimate (MRE) and a Pre-Feasibility Study (PFS) are anticipated soon, reflecting the continued growth and optimization of the project. The company emphasizes the strategic importance of Tallebung in meeting the growing demand for tin, particularly in the electronics and renewable energy sectors.
Key Points
  • New shallow, wide, high-grade tin-tungsten-silver intercepts at Tallebung.
  • Significant drill results include TBRC427, TBRC428, and TBRC436.
  • The updated Mineral Resource Estimate and Pre-Feasibility Study are imminent.
  • Tallebung offers strong potential for resource growth and development.
  • Strategic importance of tin in electronics and renewable energy highlighted.
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.