ASX Information
Current CSD Share Price: $0.035
(up to 20 minute delay)(Australian Securities Exchange:CSD)
LME Tin Price (per metric tonne) USD $21,545
Lynd/Tate River Project History

Below is from independent Geologist Les Davis Report included in the Consolidated Tin Mines Limited Prospectus. 

 


Lynd River:

The Project contains large volume, Cretaceous aged, partly consolidated, sand and gravel Sandridges, believed to be paleo sediments of Mesozoic large river systems. Tin bearing wash occurs within these Sandridges. Historic alluvial mining has occurred within CSD tenements, but it is believed significant unmined material remains, based on very recent mining and drilling on immediately adjacent Sandridge material. No resources have been established within Company tenements but it is believed that there is good potential for 2 million bcm of better than 500gm Sn/bcm within the Kangaroo Creek, Boomerang, Jamtin and Fogarty Sandridges. A very large volume sandridge, the Torwood Sandridge, has potential to have high grade sections of 3-5 million bcm at 500gm Sn/bcm found within the basal units. The Company has good background information from which to develop a large volume project.


Tate River:

The Project  contains a historically mined, good grade alluvial area, and immediate resource identification targets exists to add to the current Company of 1.96 million metres at 625 gm Sn per metre. These immediate targets are the sand tailings left from the previous mining and which sampling in the 1990s suggested as tin bearing. Downstream of the mined areas are paleo sediments of Cretaceous age. These paleo gravels form a continuous paleo river system that carry through into the Lynd River Project area, and it would be likely that the Lynd and Tate Projects would be developed as a single Project. The resource and potential alluvial targets of the Tate River Project area are 4 million bcm at better than 500 gm Sn per metre.

 

EPM 14185 consists of the main holding in the Mount Garnet area, but there are portions of the tenement that cover other alluvial tin areas at some distance to the west of Mount Garnet. The projects comprise EPM 15611 and two parts of EPM 14185 located about 90 km west of Mount Garnet.

EPM 15611 is  situated 110 km west of Mount Garnet and 30 km west of the Tate River tenement, covering an alluvial tin deposit on the Lynd River. The tenement surrounds a current alluvial tin mining operation on Kangaroo Creek, a tributary of the Lynd River.