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Tungsten Mining NL
Summary
| Project: | Mt Mulgine | |
|---|---|---|
| Deposit: | Mulgine Hill | |
| Location: | Australia | |
| Commodities: | Tungsten-Molybdenum | |
| Date: | 7/28/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-7-2017: Tungsten Mining NL announces a Resource Estimation report for its Mulgine Hill deposit at the Mt Mulgine project. 21% increase in mineral resource grade at Mulgine Hill. Emerging Australian tungsten developer, Tungsten Mining NL (ASX: TGN) (“TG | |
| Resources: | (Resource, I+I): 7.1Mt @ 0.23% WO3, 98ppm Mo at Mulgine Hill | |
| CP/QP: | [Resources]: Paul Blackney (Optiro Pty Ltd.) | |
| ABSTRACT: | Emerging Australian tungsten developer, Tungsten Mining NL (ASX: TGN) (“TGN” or “the Company”) is pleased to report the updated Mineral Resource for Mulgine Hill, part of the Mt Mulgine Project, located in the Murchison Region of Western Australia. The previous Mulgine Hill Mineral Resource estimate was completed by Optiro Pty Ltd in June 2016 in accordance with the guidelines provided by the 2012 JORC Code. Since the June 2016 Mineral Resource estimate, the Company have drilled an additional 26 RC holes for 1,007 metres and sampled 1,956 metres of historic BQ and NQ core that was previously not assayed. Resource consultants, Optiro Pty Ltd was engaged to update the Mulgine Hill Mineral Resource and completed this exercise in June 2017. Two new components have been added to the 2017 Mineral Resource estimate, comprising the introduction of a high-grade sub-domain for the Main Zone and a Mineral Resource reporting constraint addressing the prospects for eventual economic extraction. The Mt Mulgine Project is located within the Midwest Region of Western Australia, approximately 350km north northeast of Perth (Figure 1). The Company owns 100% of the tungsten and molybdenum rights on a group of tenements that have been the subject of significant previous evaluation for tungsten and molybdenum. Near surface Mineral Resources have been delineated by previous explorers at the Mulgine Hill and Mulgine Trench deposits, which have been the subsect of ongoing evaluation by the Company. | |
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