Consolidated Tin Mines is an emerging ASX-listed (ASX: CSD) tin explorer and developer, whose major project is the Mt Garnet Tin Project near Cairns in Queensland, Australia. The project is located in an established mining area, close to all infrastructures, in the Herberton Tin Field. Consolidated Tin’s objective is to develop it into a major low cost, open pit tin mining operation.
The Mt Garnet project is made up of three key deposits; the Gillian, Pinnacles and Windermere deposits. The Company’s development strategy is to confirm an initial JORC Resource base of 8Mt-10Mt of tin from the three deposits, to feed a proposed centralised mill and process about one million tonnes per annum to produce about 5,000tonnes of tin per annum.
Consolidated Tin has conducted extensive exploration programs at the project, and it has a total current JORC Resource of 7.3Mt @ 0.60% Tin. This includes a JORC Measured Resource of 1.2Mt @ 0.82% Tin at the Gillian deposit. In addition, the project also has an iron Resource of 5.2Mt @ 26.39% Iron which is upgradeable to a high grade Fe product.
Targeted drilling designed to update the project’s Resource base is ongoing, and drilling is also underway at a new area at the project, the Coolgarra Group. The Company is also progressing pre-feasibility study work at Mt Garnet, which will play a key role in its future mine development plans.
