Metals X (ASX:MLX) said drilling at the Ringrose prospect within the Renison tin operations in Tasmania continues to intersect "significant" mineralization, according to a Monday filing with the Australian bourse.
Further tin assays received yielded results including 28.5 meters at 1.6% tin from 277.9 meters, 4 meters at 1.5% tin from 179 meters and 3.1 meters at 1.1% tin from 300 meters, and 8.7 meters at 0.7% tin from 206.5 meters, the filing said.
Metals X holds a 50% interest in Renison, which is managed by Bluestone Mines Tasmania joint venture on behalf of the JV owners, according to the filing.
The company's shares were up over 1% in recent Monday trade.
Price (AUD): $0.44, Change: $+0.01, Percent Change: +1.15%
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