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Additional Information

Market:	ASX
Sector:	General Mining
EPIC:	III
Latest Price:	0.00 (0.00%)
52-week High:	0.10
52-week Low:	0.07

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Icon Resources

Icon Resources (ASX: III) is a diversified metals explorer focussed on Eastern Australia. It has advanced projects in gold and tin in NSW. It also holds strategic areas in northwest Qld prospective for zinc, copper-gold and nickel with gold and copper prospects in NSW and Qld. The company is currently concentrating on its flagship project, the old Mt Carbine tungsten mine in north Queensland.

Icon Resources starts drilling at Mt Carbine Tungsten Project

Tuesday, December 15, 2009

Icon Resources (ASX: III) has kicked off drilling at the Company’s Mt Carbine Tungsten Project in North Queensland, with the testing of the Iron Duke scheelite zone.

The results of the drilling will be used to extend and better define the resource at Mt Carbine, where it is anticipated that around 5000m of core will be drilled during the program.

Icon's projects include the Mt Carbine flagship tungsten project, the Fitzroy Copper Zinc Project, the Peel Fault Gold Project and the Tara Tin Project.

Once Australia’s largest tungsten producer, Icon is progressing to re-start the Mt Carbine flagship tungsten mine as a long life, hard-rock open cut operation.

At one stage the mine historically produced half of Australia's annual tungsten when it closed in the mid-1980s due to depressed tungsten prices.

Tungsten is a gray-white metallic element that is stable and is very resistant to acids and bases.

It is useful for glass-to-metal seals, filaments for electric lamps, electron and television tubes, electrical contact points for car distributors, X-ray targets and television tubes.

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