First Tin Plc reported that drilling has proven an 350m extension to the southwest of the current resource area at the Taronga tin project in Australia. The project is managed by First Tin's 100% owned subsidiary, Taronga Mines Pty Ltd. Results of the twin drilling are still being collated and will be reported when complete. The results have so far not identified any significant divergence to the historical Newmont data.

Based on the above results, and a review of the previous Newmont drilling data, a revised interpretation of the mineralisation has been made that suggests the SW extension is a continuation of the Payback Extended zone of mineralisation. Based on this new interpretation, the Company will now embark on an increased drilling programme of approximately 5,500m RC drilling designed to enable conversion of the SW extension into indicated resource status. This drill programme is also designed to fill in the gaps in the current drilling between the previously interpreted North Zone and South Zone (Newmont Interpretation) and to improve drill density in several areas where it is likely that Inferred resources could be converted to indicated status within the current resource area.