InvestmentPitch Media Video Discusses TinOne Resources’ Exceptional High-Grade Drill Results, Including 0.51% Tin over 78m, Outside Historic Resource Area at Great Pyramid Project, Tasmania, Australia

Rhea-AI Summary

TinOne Resources reported promising drill results from its Great Pyramid Tin project in Tasmania, Australia, highlighting significant intersections of high-grade tin. Notable findings include 0.51% Tin over 78 metres in Hole 12 and other intersections ranging from 0.25% to 0.43% Tin across various holes. The drilling program began on April 27, aiming to test and expand the historical resource area. The previous owners estimated an Inferred Resource of approximately 10,000 tonnes at 0.2% tin. TinOne shares are currently trading at $0.10 on the TSX Venture Exchange.

Positive

• High-grade intersections include 0.51% Tin over 78 metres in Hole 12.
• The drilling program aims to expand the historical resource area.

Negative

• Historical resource estimates are classified as Inferred and lack current verification.
• Drilling results represent only partial data, with further assays pending.

VANCOUVER, British Columbia, Sept. 07, 2022 (GLOBE NEWSWIRE) -- TinOne Resources. Inc. (TSXV:TORC) reported its second batch of drill results from its Great Pyramid Tin project in Tasmania, Australia. The Great Pyramid Tin project is the company’s most advanced and active project in its portfolio of high-quality tin assets in the Tier 1 mining jurisdiction of Tasmania and New South Wales, Australia.

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company, along with video comment from Chris Donaldson, TinOne’s Executive Chairman. The video is available for viewing on “InvestmentPitch” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com and enter “TinOne” in the search box.

Drilling commenced on April 27th, on the initial program of approximately 5,500 metres, with three drill rigs currently operating, including two Diamond Drill rigs and one Reverse Circulation rig.

Results have been received for 2,128 metres, representing complete results for 15 reverse circulation drill holes, partial results for one additional RC hole and results from one diamond cored hole. An additional 2,037 metres of diamond drilling has been completed within, lateral to, and beneath the historical resource area. Assays are being fast tracked with an initial 528 metres of core forwarded to the lab.

Outstanding high-grade intersections include:

• Hole 12 returning 0.51% Tin over 78 metres, including 1.09% Tin over 23 metres
• Hole 16 returning 0.29% Tin over 51 metres, including 0.43% Tin over 20 metres
• Hole 5 returning 0.26% Tin over 30 metres, and
• Hole 3 returning 0.25% Tin over 39 metres.

The initial objective was to test the depth and lateral extension of the historical resource, test a large-scale IP chargeability anomaly adjacent to the historic resource, and provide sufficient drill coverage to verify and authenticate historical drilling and expand and upgrade the mineral resource.

The previous owners of the Great Pyramid project estimated an Inferred Resource reported under the JORC 2012 guidelines, of approximately 10,000 tonnes of tin at a grade of 0.2% tin. Although the resource is defined by close spaced drilling, the resource was classified by the previous owners as Inferred due to the historic nature of the data. Management cautions these estimates are considered historical in nature and were prepared by previous property owners and that a qualified person has not done sufficient work to classify the historical estimate as current.

TinOne Resources is one of the Inventa Capital (www.inventacapital.ca) portfolio companies.

The shares, which started trading on the TSX Venture Exchange on January 5th, are trading at $0.10. For more information, please visit the company’s website, www.TinOne.ca, contact Chris Donaldson, Executive Chairman, at 604-813-3931 or by email at info@TinOne.ca.

Disclaimer

The information in this InvestmentPitch Media Ltd video is for the viewers information only. TinOne Resources has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format. The corporate information is based on information that is publicly available. Any information provided by InvestmentPitch Media Ltd., through its media services is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided solely as an informational media service. InvestmentPitch Media Ltd makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the viewer or their financial advisor. Investing in securities is speculative and carries risk.

About InvestmentPitch Media

InvestmentPitch Media leverages the power of video, which together with its extensive distribution, positions a company’s story ahead of the 1,000's of companies seeking awareness and funding from the financial community. The company specializes in producing short videos based on significant news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com

FAQ

What are the latest drill results from TinOne Resources' Great Pyramid project?

TinOne Resources reported high-grade intersections including 0.51% Tin over 78 metres in Hole 12, as part of their ongoing drilling program.

When did TinOne Resources start drilling at the Great Pyramid project?

Drilling commenced on April 27, 2022, at the Great Pyramid Tin project in Tasmania.

What is the current share price of TinOne Resources?

TinOne Resources shares are currently trading at $0.10 on the TSX Venture Exchange.

What is the estimated resource at the Great Pyramid project?

The previous owners estimated an Inferred Resource of approximately 10,000 tonnes of tin at a grade of 0.2% tin.

What is the objective of the drilling program by TinOne Resources?

The drilling program aims to test the depth and lateral extension of the historical resource and verify historical drilling data.