First Tin PLC has reported positive results from additional mineral processing testwork for its Definitive Feasibility Study at its Taronga Tin Project in Australia. The testwork, conducted at ALS Laboratory, showed enhanced recoveries from the gravity circuit of the project. The results indicated significant improvements on previous testwork, with recoveries exceeding 70% through the gravity circuit for mineralization at or below the average head grade of 0.13% Sn.

The testwork involved two samples from the Taronga project: a "low grade" bulk sample and a composite "variability" sample. The gravity circuit testwork on both samples returned excellent results, with recoveries of 71.5% tin to a 69.8% Sn concentrate for the low grade sample and 72.5% tin to a 60.1% Sn concentrate for the variability sample. These results represent significant improvements on previous recoveries and confirm the potential for high recoveries from the gravity circuit.

The CEO of First Tin, Bill Scotting, expressed satisfaction with the results, stating that the work builds on and improves the previous mineral processing testwork. He highlighted that the recoveries for mineralization grading below the average head grade remain above 70%, alleviating concerns about the previous testwork being conducted on samples with above-average head grade. The company is eagerly awaiting the full circuit results, including crushing, which will be reported in the next few weeks.

The project is owned by First Tin's 100% owned Australian subsidiary, Taronga Mines Pty Ltd. First Tin is focused on becoming a tin supplier in conflict-free, low political risk jurisdictions through the rapid development of high value, low capex tin assets in Germany and Australia. Tin is considered a critical metal, and the company aims to address the rising demand and shortages expected in the tin market.

In conclusion, the recent mineral processing testwork at the Taronga Tin Project has yielded positive results, indicating enhanced recoveries from the gravity circuit. The company remains optimistic about the project's potential and is looking forward to the comprehensive results, including crushing, in the coming weeks.