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Tungsten Mining NL
Summary
| Project: | Mt Mulgine | |
|---|---|---|
| Deposit: | Mulgine Trench | |
| Location: | Australia | |
| Commodities: | Tungsten-Molybdenum | |
| Date: | 4/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-4-2020: Tungsten Mining NL announces an Exploration/Drilling Update report for its Mulgine Trench deposit at the Mt Mulgine project. Drilling results incl. 206m @ 0.13% WO3, 270ppm Mo from 0m. 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 which resulted 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”). This announcement reports the last of the assay results for the Mt Mulgine PFS drill program, representing 19 RC holes and seven diamond tails for 3,332 metres (2,737m RC, 595 metres HQ diamond tails). The Company is pleased to report that the latest assay results, which follow the Mineral Resource estimate released in December 2019, continue to be outstanding and demonstrate intersections greater than 200 metres in true width (refer Figures 1 & 2). Tungsten Mining’s CEO Craig Ferrier commented, “the Mineral Resource estimate released in December 2019 has already delivered a substantial increase in contained tungsten and molybdenum and a maiden resource for accessory minerals of gold and silver. | |
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