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.
