August 26, 2025

Sky Metals: Unlocking Scale and High-Grade Potential at Tallebung – Oliver Davies (ASX: SKY)

16 minutes

This week on The Hole Truth, we sit down with Sky Metals (ASX: SKY) to dig into the latest results from the Tallebung Tin Project in NSW. With standout silver and tin intercepts, breakthrough ore sorting results, and a pathway to becoming a globally significant tin producer, Sky is pushing hard to prove up scale and economics in one of Australia’s most exciting tin plays.

Managing Director Oliver Davies joined SKY as a geologist in 2019. He was appointed to Exploration Manager in 2021, then to CEO in early 2022 and subsequently to Managing Director in September 2024. Prior to SKY, Mr Davies was in exploration and operational roles with Evolution Mining and Alkane Resources in NSW and Qld. Mr Davies has worked closely on several successful NSW discoveries including Evolution Mining’s significant expansion of the Lake Cowal gold resource and with Alkane’s regional exploration success at Tomingley and Boda.

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Company Website: https://www.skymetals.com.au

INSIGHTS FROM THE EPISODE

Expanding Resource at Tallebung Tin– Sky Metals continues to grow its Tallebung deposit, now stretching over 2km long and 300–400m wide, with drilling pointing to significant extensions beyond the current resource.

High-Grade Intercepts Boost Potential– Recent drilling returned standout results, including 3m at over 600g/t silver and nearly 1% tin, highlighting the project’s rich mineralisation.

Ore Sorting Breakthrough– Bulk sample results show a 13x upgrade in ore sorting, a step change from earlier 3–4x upgrades, confirming Tallebung’s strong suitability for this cost-saving technology.

Towards Long Mine Life and Scale– With ~23,000 tonnes of tin already defined and drilling density increasing, Sky is targeting a potential 10-year mine life and production that could represent ~1% of global tin supply.

Strong Economics Backed by Leadership– Shallow high-grade zones offer potential for rapid payback on CapEx, while an experienced board led by Chairman Norm Seckold brings a track record of building successful mining projects.

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