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Consolidated Tin Mines Ltd.

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Summary

Project:

Einasleigh

Deposit:Chloe, Jackson
Location:Australia
Commodities:Copper-Zinc-Lead-Gold-Silver
Date:6/18/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:18-6-2018: Consolidated Tin Mines Ltd. announces a Resource Estimation report for its Chloe, Jackson deposit at the Einasleigh project. Updated mineral resource estimate for Chloe and Jackson deposits. Consolidated Tin Mines Ltd (ACN 126 634 606) (ASX Cod
Resources:(Resource, I+I): 8Mt @ 3.93% Zn, 1.52% Pb, 0.18% Cu, 35.6g/t Ag
CP/QP:[Resources]: Ian Taylor (Mining Associates Ltd.)
ABSTRACT:Consolidated Tin Mines Ltd (ACN 126 634 606) (ASX Code: CSD) ("Company") is pleased to announce an updated 2012 JORC Resource for its Chloe and Jackson Deposits at their Einasleigh Project. The Chloe and Jackson prospects, part of the Chloe to Dreadnought trend, are less than 1 km apart and were historically known as Mount Misery or the Railway Pb-Zn-Ag horizon and are located 20 km southwest of Einasleigh on the Georgetown 1:250 000 sheet (Figure 1). They have been extensively drilled since their re-discovery in 2006. The Chloe to Dreadnought trend contains a Pb-Zn-Ag mineral system, now present as a series of deposits that have geological similarities to Zinc rich skarn deposits, in terms of host rocks, alteration, mineralogy and chemistry. The system consists of a series of structurally dismembered gossans engulfed by quartz-epidote-garnet alteration within a sequence of biotite quartz-feldspar gneiss, psammite, amphibolite and leucogneiss. The host sequence is the Paleoproterozoic Einasleigh Metamorphics, consisting of amphibolitegrade or higher, calcsilicate, pelitic to psammitic gneiss, amphibolite and leucogneiss, intruded by Permo-Carboniferous felsic dykes. Chloe is a north-dipping, east plunging, lens-like zinc-lead-silver massive sulfide mineralisation, while the nearby Jackson deposit is a near planar, north-dipping sheet-like deposit. Indicated and Inferred Mineral Resources at April 2018 for the Chloe and Jackson Deposits were estimated by Mining Associates Pty Ltd ("Mining Associates") as 8 Mt at 3.93% Zn for 314.9 kt zinc and includes 1.52% Pb for 121.7 kt of lead and 35.6 g/t Ag for 9.17 M oz of silver.

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