Commencement of DFS at Tellerhäuser
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First Tin Plc ("First Tin" - https://www.commodity-tv.com/ondemand/companies/profil/first-tin-ltd/ ), a tin development company with advanced, low capex projects in Germany and Australia, is pleased to announce that it has commenced the Definitive Feasibility Study ("DFS") at its Tellerhäuser tin deposit in Saxony, Germany.
The well-respected German consulting company, DMT GmbH & Co. KG (“DMT”) has been appointed to undertake the DFS at Tellerhäuser. DMT has worked extensively in Germany as well as in many other countries worldwide, including Canada, Chile, Peru, Sweden, Turkey and Kazakhstan.
DMT’s clients include merchant banks, private mining companies, aid agencies, international government bodies, lawyers, insurers, and major financing institutions such as the World Bank, DFID, TACIS, UN, PHARE, ADB, EBRD and NGO's.
The study is expected to be completed during the second half of 2023.
First Tin CEO Thomas Buenger said, "The DFS is another key workstream for First Tin, as we aim to rapidly bring the world-class Tellerhäuser project into production to provide provenance of supply and ESG credentialled tin production to Europe. DMT has extensive experience in the economic evaluation of numerous mining projects worldwide. We look forward to providing updates as we deliver the DFS, ahead of completion next year. In tandem, we are also undertaking extensive drill programmes in both Australia and Germany, designed to define additional tin mineralisation in both countries, and we are fully funded to deliver all these value-enhancing workstreams."
Via SEC Newgate below
Thomas Buenger - Chief Executive Officer
Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)
020 7389 5016