Tin International (TIN), a subsidiary of Deutsche Rohstoff AG which is planning an Australian Securities Exchange listing, is to expand its tin exploration work in eastern Germany. The company currently has two large tin projects, Gottesberg and Geyer, in the area.
The Saxon Mining Authority advised that TIN received an exploration licence for five years for the area around Sadisdorf in the eastern part of the Erzgebirge (“ore mountains”) area. TIN won the licence against two competing companies. Sadisdorf has been the site of tin, copper and molybdenum mining operations since the 1500s and is located 15 km from Altenberg, the largest of all historic mines in the Erzgebirge, which ceased operation in 1991. Meanwhile the company has reported that test work carried out in Australia has confirmed that simple gravity and flotation processing should result in recoveries of over 80% in the treatment of ore at the Gottesberg project, which is expected to be the first one to be developed.
