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Tungsten Mining NL
Summary
| Project: | Mt Mulgine | |
|---|---|---|
| Deposit: | Mulgine Trench | |
| Location: | Australia | |
| Commodities: | Tungsten-Molybdenum | |
| Date: | 2/27/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-2-2020: Tungsten Mining NL announces an Exploration/Drilling Update report for its Mulgine Trench deposit at the Mt Mulgine project. Drilling results incl. 266m @ 0.11% WO3, 215ppm Mo from 2m. Australian tungsten developer, Tungsten Mining NL (ASX: TGN | |
| Resources: | (Resource, Inf.): 207Mt @ 0.11% WO3, 272ppm Mo, 0.13ppm Au, 5ppm Ag at Mulgine Trench | |
| CP/QP: | [Overall Report]: Peter Bleakley (Internal) | |
| ABSTRACT: | Australian tungsten developer, Tungsten Mining NL (ASX: TGN) (“TGN” or “the Company”) is pleased to report on the latest results from drilling at the Mt Mulgine Project. On 19 December 2019, the Company announced the updated Mulgine Trench Mineral Resource estimate resulting in a major increase in contained tungsten and molybdenum and highlighting the significance of accessory minerals gold (850,000 ounces) and silver (35 million ounces) (refer ASX announcement 19 December 2019, “Major Mineral Resource Estimate Upgrade for Mulgine Trench Deposit”). Since completion of reverse circulation (RC) drillholes used for the 2019 Mineral Resource estimate, Tungsten Mining has drilled an additional 145 RC holes for 27,128 metres. This announcement reports the latest assay results received by the Company from 22 January to 21 February 2020, representing 26 RC holes for 5,554 metres. The Company is pleased to report that the latest assay results - subsequent to the Mineral Resource estimate released in December 2019, continue to be outstanding and demonstate intersections greater that 200 metres in true width. | |
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