Sky Metals (ASX:SKY) said that all five diamond drill holes completed at its Tallebung tin project in New South Wales intersected significant zones of visual tin-tungsten mineralization, according to a Wednesday Australian bourse filing.
The program expanded the potential footprint of the deposit with assays expected in the coming weeks, the filing said.
It is also planning to start a reverse circulation drilling program, consisting of around 70 drill holes, in March to follow up on the results.
The firm's shares rose 2% on market close on Wednesday.