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.
Icon Resources starts drilling at Mt Carbine Tungsten Project
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.
Other Icon Resources Limited articles
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04/03/10 Icon Resources appoints Leon Pretorius as chairman
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02/12/09 Icon Resources readies for milestone drill program at Mt Carbine tungsten project
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17/11/09 Icon Resources to take advantage of rising tungsten price
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19/10/09 Icon Resources under the radar, but likely to over-deliver as tungsten supplies tighten
Other Icon Resources Limited news
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02/03/10 Icon Resources receives first results from Mt Carbine tungsten drilling
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29/01/10 Icon Resources to use capital raised to resource drill Mt Carbine Tugnsten project
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03/07/09 Icon Resources' tungsten target at Mt Carbine increases to 55 million tonnes
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30/03/09 Icon Resources in MOU, Polymetals to develop Mt Carbine Tailings Project, QLD
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