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New Age Exploration delivers high-grade results at Redmoor amid declining tin supply

New Age Exploration Ltd (ASX:NAE) managing director & CEO Gary Fietz updates Proactive Investors on the advanced explorer’s recent drilling results from its Redmoor Tin-Tungsten Project in the United Kingdom.
 
Results of up to 14.10 metres at 1.44% tin equivalent from 420.25 metres, including 2.00 metres at 4.55% highlight increasing grades at depth.
 
Fietz highlighted a study by the Massachusetts Institute of Technology that showed that tin was the number one metal impacted by new technology, with Tungsten ranking as number seven.
 
“Often we think of lithium and graphite and sometimes cobalt, we don’t often think of tin as a new technology EV metal but interestingly this study showed tin as number one,” Fietz says.

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ASX:NAE
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New Age Exploration advancing Redmoor and Otago, exploring Lochinvar options

New Age Exploration Ltd (ASX:NAE) chairman Alan Broome provides Proactive Investors with a thorough update on the company's international portfolio of assets. The UK Redmoor project, being developed in JV with Strategic Mineral PLC (LON:SML), is advancing at an opportune time with respect...

on 15/2/19

2 min read