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Consolidated Tin Mines Mineral Development Licence

Australian tin exploration and development company Consolidated Tin Mines (CSD) is pleased to announce that the Queensland state government has now granted the Windermere Project (Mineral Development Licence 381) at the Company’s Mt Garnet Tin project area near Cairns in northern Queensland. The Windermere Project has a current Inferred JORC Mineral Resource of 2.1Mt @ 0.55% Tin (Sn). This will now be added to the company’s overall JORC Mineral Resource. This increases the total JORC Mineral Resource at the Mt Garnet Project to 7.3Mt @ 0.60% Tin (Sn), across its three key project areas; Gillian, Pinnacles and Deadmans Gully/Windermere. The Company will focus its next phase of drilling on upgrading the JORC resource estimation for the Windermere project, and plans to commence drilling at the Windermere Project in the near future. The Windermere Mineral Development Licence (MDL) was purchased from Bluestone Nominees in February 2008 and has been proceeding through government departmental processes to grant. The Windermere Project will now be transferred to 100% CSD ownership. The first stage drilling program at Windermere will be a 2000 metres Reverse Circulation program over 40 holes, to test the strike extent of the mineralisation at 40 metre spacing. The planned intersection depth will be approximately 30 metre vertical depth below surface. Historic records indicate the mineralisation is steeply dipping to the east and drill direction will be from east to west. The Company plans to confirm the tabular nature of the mineralisation, the potential large tonnage and potential economic tin mineralisation at Windermere, as well as potential iron and base metals mineralisation.