Registered Office: 395 Lake Street, Cairns North, QLD, 4870 ANNOUNCEMENT ASX/MEDIA RELEASE Consolidated Tin Mines Limited ABN: 57 126 634 606 Phone: +61 (7) 4032 3319 [email protected]Snapshot: Detailed information at www.csdtin.com.au Key Points Snow Peak Mining Pty Ltd acquisition of Kagara’s Central Region Project has been finalized The acquisition includes a 1Mtpa capacity concentrator CSD has a 10% free carry interest in Snow Peak Mining Acquisition is of major value to CSD and the Mt Garnet Tin Project development PFS now based on processing tin ore at Snow Peak Mining 1Mtpa concentrator CSD appoints new EGM to drive CSD/SPM development plan 30 th of January 2013 Completion of acquisition of Kagara Central Region Project Consolidated Tin Mines major shareholder Snow Peak acquires Kagara Central Region assets including existing Concentrator at Mt Garnet Consolidated Tin Mines major shareholder Snow Peak International Investment (SPI) has completed the acquisition of Kagara’s Central Region Project The acquisition has been completed via Snow Peak Mining (SPM), a subsidiary of Snow Peak International Investments Consolidated Tin Mines has a 10% free carry interest in Snow Peak Mining The acquisition includes a 1Mtpa capacity concentrator which is in good operating condition Acquisition by Snow Peak Mining is of major strategic value and importance for development of Consolidated Tin’s Mt Garnet Tin Project in northern Queensland The existing concentrator will initially be utilised to process copper and poly metallic ore from mines within SPM’s newly acquired Kagara project area Consolidated Tin will now finalise its PFS for the Mt Garnet Tin Project based on processing tin ore at the Kagara Mt Garnet concentrator in order to proceed to a JV with SPI, the terms of which are being negotiated Australian tin exploration and development company Consolidated Tin Mines Limited (ASX: CSD) (CSD) is pleased to announce that Snow Peak Mining Pty Ltd (SPM), a company in which CSD holds a 10% interest, has completed the acquisition of the Kagara Central Region Project at Mt Garnet, near Cairns in northern Queensland (Kagara Project). Current CSD Share Price: $0.10 Current LME Tin Price: $24,475 For personal use only
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Consolidated Tin Mines Limited - Australian … poly metallic ore from mines within SPM’s newly acquired Kagara project area Consolidated Tin will now finalise its PFS for the Mt
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Registered Office:
395 Lake Street,
Cairns North, QLD, 4870
ANNOUNCEMENT
ASX/MEDIA RELEASE
Consolidated Tin Mines Limited ABN: 57 126 634 606