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TopTung Ltd.

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Summary

Project:

Torrington

Deposit:Wild Kate
Location:Australia
Commodities:Tungsten
Date:7/14/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:14-7-2017: TopTung Ltd. announces an Exploration/Drilling Update report for its Wild Kate deposit at the Torrington project. Drilling results incl. 7m @ 0.34% W from 21m. Assay results from a further 60 Reverse Circulation percussion (RC) and 3 Diamond Co
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Leon Pretorius (Internal)
ABSTRACT:Assay results from a further 60 Reverse Circulation percussion (RC) and 3 Diamond Core (DC) drill holes completed to 13 April 2017 have been received and checked. All these holes are located on the Wild Kate Project area (Figure 1). Drilling has continued to date and is nearing completion. The persistent adverse weather conditions have meant that drilling takes place where it is not too wet to access. There is presently in excess of 1,000 additional samples in the laboratory and results will be released as received and processed. Although wide widths of silexite are being intersected, the tungsten mineralisation meeting the Company’s 1,000ppm (0.1%) W over 3-metre is not consistent within it. The silexite is however fertile, i.e. it contains variable amounts of mineralisation over wide widths and will be better understood once all assays are received. The silexite does contain approximately 20% topaz as part of its composition with quartz constituting the balance. The Company’s research into industrial applications for the topaz at the UNSW is progressing.

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