Consolidated Tin Mines Limited Auditor Raises 'Going Concern' Doubt

Consolidated Tin Mines Limited is an Australia-based base metal miner/producer. The Company produces over 150 metric tons (Mt) a day of zinc, lead and copper concentrates with silver and gold co-product. Its base metal producing operation is at Mount Garnet North Queensland. The Company owns two underground mines: Surveyor and Mount Garnet. The Company is working towards the completion of a Definitive Feasibility Study on the Gillian tin project, which is within nine kilometers of the Company owned operating base metals mill. The Gillian Tin Deposit has 2.5Mt at 0.78% tin (Sn) JORC Resource. The overall Mount Garnet tin project has over 12 Mt of JORC Resources. The Company mines approximately 35,000 tons a month of polymetallic ore from the Mount Garnet underground mine. The Company holds historic alluvial tin deposits particularly in the Lynd/Tate area. The Company holds over 4,000 square kilometers of tenements in the Mt Garnet/Greenvale/Einasleigh region.