Receipt of SEARs by Taronga Mines Pty Ltd

First Tin PLC, a tin development company with advanced, low capex projects in Germany and Australia, is pleased to announce that the permitting process at its Taronga Tin Project ("Taronga") in Australia has further progressed with receipt of the New South Wales ("NSW") Planning Secretary's Environmental Assessment Requirements ("SEARs").

As previously reported on 9 August 2024, Taronga's submission of its Scoping Report allows the various NSW Government departments and regulatory agencies to specify the range of requirements for inclusion in Taronga's Environmental Impact Statement ("EIS"). As many of the statutory EIS assessment requirements are well advanced, the SEARs will now inform what specialist studies need to be finalised for inclusion in the EIS. Taronga is still targeting to lodge the EIS by the end of the calendar year 2024.

As a designated State Significant Development, the Project's Scoping Report and SEARs are publicly displayed on the NSW Government's website (https://www.planningportal.nsw.gov.au/major-projects/projects/taronga-tin-mine).

First Tin CEO, Bill Scotting commented:

"The receipt of the SEARs is another step forward in the permitting process for our Taronga asset, which will enable rapid finalisation of the EIS. Since the publication of our DFS, the team in Australia has been focused on permitting and DFS optimisation work, bringing us closer to lodgement of the EIS and application for Development Approval".