Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: .III
News: Latest news
Web Site: Icon Resources Limited
Other Articles: 02-03-201029-01-201015-12-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Friday March 12, 07:58Lithium and rare earths markets poised for growth

Right now, the world relies almost completely on China for its rare-earth supply. The Chinese have made it clear that they want to keep more supply for themselves as they try to be the world leader in green technology

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Icon Resources Limited

Icon Resources Limited

Icon Resources Ltd is an ASX listed diversified metals explorer focussed on Eastern Australia. It has advanced projects, scheduled for drilling, in gold and tin in NSW, followed by its copper-zinc VMS resource in central Qld. It holds strategic areas in northwest Qld prospective for zinc, copper-gold and nickel with gold and copper prospects in NSW and Qld.

It is currently concentrating on its flagship project, the old Mt Carbine tungsten mine in north Queensland. Once Australia’s largest tungsten producer, Icon is progressing to re-start the mine as a long life, hard-rock open cut operation.

CLICK HERE FOR FULL ANALYSIS OF ICON RESOURCES LIMITED
Friday, July 03, 2009

Icon Resources' tungsten target at Mt Carbine increases to 55 million tonnes

company news image

Investors in tungsten developer Icon Resources (ASX: III) have received a major boost with resource target at Mt Carbine prospect increasing to 55 million tonnes at 0.07- 0.09% WO3.

Previously announced Inferred Resource at Mt Carbine Prospect was 9.6Mt at an estimated grade of 0.2% WO3.

The reason for the increase? Independent consultant Geostat has revised the geological model for the tungsten mineralisation below the open cut, using an existing core library of 8,222m from 39 drillholes.

This target tonnage excludes the exploration potential in the hill abutting the north wall of the pit which contains numerous historical workings and identified mineralised zones. The company will focus on this area to double the target tonnage.

By all measures, Mt Carbine is developing into a world class resource and the scoping study underway will now incorporate the potential for block caving these new mineralised zones below the pit as well as extending the open cut.

Interestingly, Icon is in discussions with a number of parties with tungsten projects in North Queensland as well as potential international partners, providing upside in news pipeline for investors.

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Icon Resources Limited articles


Other Icon Resources Limited news

More news ►

Investors interested in Icon Resources Limited recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.