For thousands of other reports visit RSC's Mineral Intellingence Map
Tungsten Mining NL
Summary
| Project: | Mt Mulgine | |
|---|---|---|
| Deposit: | Mulgine Trench | |
| Location: | Australia | |
| Commodities: | Tungsten-Molybdenum | |
| Date: | 12/5/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-12-2019: Tungsten Mining NL announces an Exploration/Drilling Update report for its Mulgine Trench deposit at the Mt Mulgine project. Drilling results incl. 174m @ 0.11% WO3, 300ppm Mo from 0m. Australian tungsten developer, Tungsten Mining NL (ASX: TGN | |
| Resources: | (Resource, I+I): 63.8Mt @ 0.17% WO3, 250ppm Mo at Mulgine Trench | |
| CP/QP: | [Overall Report]: Peter Bleakley (Not stated) | |
| ABSTRACT: | Australian tungsten developer, Tungsten Mining NL (ASX: TGN) (“TGN” or “the Company”) is pleased to report on results from drilling at the Mt Mulgine Project in the Murchison Region of Western Australia, approximately 350km north northeast of Perth. 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. The Company also has the rights to all by-products from the mining of tungsten and molybdenum. Near surface Mineral Resources have been delineated at the Mulgine Trench and Mulgine Hill deposits, which have been the subject of ongoing evaluation by the Company (Figure 1). In April 2019, the Company commenced work on a Pre-Feasibility Study (PFS) for large scale operations at the Mt Mulgine Project. It is intended that one of the outcomes of the PFS will be the declaration of a maiden Ore Reserve for the larger Mt Mulgine Project and accordingly resource definition drilling is a major component of the program. In July 2019, the Company commenced resource definition drilling at Mulgine Trench with 186 reverse circulation (RC) holes drilled to 28 November 2019. The Company reported results from the first 117 holes on 9 October 2019 and 20 November 2019. This announcement includes the latest assay results from the next 21 holes received up to the 25 November 2019; assays are pending for an additional 48 holes. Drilling continues to intersect substantial thicknesses of tungsten-molybdenum mineralisation within a 140 to 220 metre thick envelope. The Company is finalising an update of the Mulgine Trench Mineral Resource estimate for release in the December quarter | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report