Low-cost, value-accretive path of up to 10,000 tonnes of tin per annum

First Tin’s German and Australian tin assets are ideally located to deliver sustainable and conflict-free tin production in the future. Together the assets represent the 5th largest undeveloped tin reserve globally, outside Russia, Kazakhstan and the Democratic Republic of Congo.

Both assets are located in low-risk, conflict-free jurisdictions and are located near good infrastructure, contributing to the very low projected start-up capex projected for each. Established reserves and simple mineralogy create a quick path to production and both assets also have active mining licenses granted over them.

First Tin’s German and Australian tin assets are ideally located to deliver sustainable and conflict-free tin production in the future. First Tin is committed to best-in-class environmental responsibility with a ‘leave no trace’ philosophy including using low carbon and low waste production methods.

Our aim is become a leading global tin producer that will supply fully traceable and verifiable tin units into fast-growth global industries which have a high requirement for this critical metal.

Low-cost, value-accretive path of up to 10,000 tonnes of tin per annum

First Tin’s German and Australian tin assets are ideally located to deliver sustainable and conflict-free tin production in the future. Together the assets represent the 5th largest undeveloped tin reserve globally, outside Russia, Kazakhstan and the Democratic Republic of Congo.

Both assets are located in low-risk, conflict-free jurisdictions and are located near good infrastructure, contributing to the very low projected start-up capex projected for each. Established reserves and simple mineralogy create a quick path to production and both assets also have active mining licenses granted over them.

First Tin’s German and Australian tin assets are ideally located to deliver sustainable and conflict-free tin production in the future. First Tin is committed to best-in-class environmental responsibility with a ‘leave no trace’ philosophy including using low carbon and low waste production methods.

Our aim is become a leading global tin producer that will supply fully traceable and verifiable tin units into fast-growth global industries which have a high requirement for this critical metal.

Tellerhäuser – Germany

Existing infrastructure keeps capital cost low

Located within a tin district in Saxony, this asset is a former East German mine with good conditions underground.

The Tellerhäuser project forms part of the Rittersgrün license and is one of the world’s most advanced tin deposits. The asset includes a former GDR mine and has an exceptionally long history of mining. An active Mining Licence is already in place until 30 June 2070 for the extraction of mineral resources.

Tellerhäuser – Germany

Existing infrastructure keeps capital cost low

Located within a tin district in Saxony, this asset is a former East German mine with good conditions underground.

The Tellerhäuser project forms part of the Rittersgrün license and is one of the world’s most advanced tin deposits. The asset includes a former GDR mine and has an exceptionally long history of mining. An active Mining Licence is already in place until 30 June 2070 for the extraction of mineral resources.

Gottesberg – Germany

Possible satellite orebody development for processing at Tellerhäuser

Gottesberg is a historical project of global significance.

Geologically, the Gottesberg tin deposit is located at the western edge of the Eibenstock intrusive complex about 3 km from the western contact of the granite massif with the adjacent schist rocks.

Gottesberg – Germany

Possible satellite orebody development for processing at Tellerhäuser

Gottesberg is a historical project of global significance.

Geologically, the Gottesberg tin deposit is located at the western edge of the Eibenstock intrusive complex about 3 km from the western contact of the granite massif with the adjacent schist rocks.

Auersberg – Germany

Saxony’s largest tin anomally in stream sediments, immense exploration potential

Auersberg is the largest tin in stream sediment anomaly in Saxony. Its license area (175.7km²) adjoins Tellerhäuser and Gottesberg licenses, creating 237.8km² of continuous tenure for regional exploration.

The area has had numerous historical tin workings but practically no modern exploration.

Auersberg – Germany

Saxony’s largest tin anomally in stream sediments, immense exploration potential

Auersberg is the largest tin in stream sediment anomaly in Saxony. Its license area (175.7km²) adjoins Tellerhäuser and Gottesberg licenses, creating 237.8km² of continuous tenure for regional exploration.

The area has had numerous historical tin workings but practically no modern exploration.

Taronga – Australia

Simple metallurgy, supportive government, freehold land ownership

Taronga was acquired in 2022 and benefits from over one century of development, including extensive drilling, tunnelling, and mining.

Like with Tellerhäuser, Taronga is surrounded by excellent existing infrastructure and abundant underexplored tin showings, providing major exploration upside potential. Significant exploration work was undertaken by BHP in 1933, 1958, and 1964, and by the Newmont Joint Venture from 1979 to 1983.

Taronga – Australia

Simple metallurgy, supportive government, freehold land ownership

Taronga was acquired in 2022 and benefits from over one century of development, including extensive drilling, tunnelling, and mining.

Like with Tellerhäuser, Taronga is surrounded by excellent existing infrastructure and abundant underexplored tin showings, providing major exploration upside potential. Significant exploration work was undertaken by BHP in 1933, 1958, and 1964, and by the Newmont Joint Venture from 1979 to 1983.

Resources

Underground Mineralisation

Classification

Deposit

Tonnage (Mt)

% Sn

Contained Tin (t)

Notes

Measured

0.0

0.00

-

Indicated

Tellerhäuser

2.0

1.0

19,000

1,2,6

Gottesberg

2.0

0.48

9,000

1,3,7

Total Measured & Indicated

4.0

0.72

28,000

Inferred

Tellerhäuser

3.3

1.0

34,000

1,2,6

Gottesberg

4.8

0.49

24,000

1,3,7

Total Inferred

8.1

0.72

58,000

Measured, Indicated and Inferred

Tellerhäuser

5.3

1.0

53,000

1,2,6


Gottesberg

6.8

0.49

33,000

1,3,7

Total Measured, Indicated & Inferred

12

0.72

86,000

Open Pit Mineralisation

Classification

Deposit

Tonnage (Mt)

% Sn

Contained Tin (t)

Notes

Measured

Taronga

33.0

0.13

44,000

1,4,8

Indicated

Taronga

38.9

0.11

42,000

1,4,8

Total Measured & Indicated


71.9

0.12

86,000

Inferred

Taronga

61.1

0.09

52,000

1,4,8

Total Inferred

61.1

0.09

52,000

Measured, Indicated and Inferred

Taronga

133.0

0.10

138,000

1,4,8

Total Measured, Indicated & Inferred

133.0

0.10

138,000

Total

Classification

Deposit

Tonnage (Mt)

% Sn

Contained Tin (t)

Notes

Measured

Taronga

33.0

0.13

44,000

1,4,8

Indicated

Taronga

38.9

0.11

42,000

1,4,8

Tellerhäuser

2.0

1.0

19,000

1,2,6

Gottesberg

2.0

0.48

9,000

1,3,7

Total Measured & Indcated 

75.9

0.15

114,000

Inferred

Taronga

61.1

0.09

52,000

1,4,8

Tellerhäuser

3.3

1.00

34,000

1,2,6

Gottesberg

4.8

0.49

24,000

1,3,7

Total Inferred

69.2

0.17

110,000

Measured, Indicated & Inferred

Taronga

133.0

0.10

138,000

1,4,8

Tellerhäuser

5.3

1.00

53,000

1,2,6

Gottesberg

6.8

0.49

33,000

1,3,7

Total Measured, Indicated & Inferred

145.1

0.15

224,000

Reserves

Open Pit

Classification

Deposit

Tonnage (Mt)

% Sn

Contained Tin (t)

Notes

Proven

Taronga

0.0

0.0

-

-

Total Proven

0.0

0.0

-

Probable

Taronga

22

0.16

36,000

1,5,8

Total Probable

22

0.16

36,000

Proven + Probable

Taronga

22

0.16

36,000

1,5,8

Total Proven + Probable

22

0.16

36,000

  1. Errors may occur due to rounding, all numbers quoted to 2 significant figures.
  2. Estimates prepared by Bara Resources, September 2021, reported in accordance with JORC 2012.
  3. Estimates prepared by Mining One, December 2021, reported in accordance with JORC 2012.
  4. Estimates prepared by H&S Consultants, September 2023, reported in accordance with JORC 2012.
  5. Estimates prepared by GHD, April 2014, reported in accordance with JORC 2012.
  6. Cut-off 0.50% Sn.
  7. Cut-off 0.35% Sn.
  8. Cut-off 0.05% Sn.

Resources

Underground Mineralisation

Open Pit Mineralisation

Total

Reserves

Open Pit

  1. Errors may occur due to rounding, all numbers quoted to 2 significant figures.
  2. Estimates prepared by Bara Resources, September 2021, reported under JORC 2012.
  3. Estimates prepared by Mining One, December 2021, reported under JORC 2012.
  4. Estimates prepared by H&S Consultants, September 2023, reported in accordance with JORC 2012.
  5. Estimates prepared by GHD, April 2014, reported under JORC 2012.
  6. Cut-off 0.50% Sn.
  7. Cut-off 0.35% Sn.
  8. Cut-off 0.05% Sn.