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Tungsten Mining NL confirms near-surface mineralisation at Mt Mulgine

Published: 12:30 23 Sep 2016 AEST

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Tungsten Mining NL (ASX:TGN) has confirmed the continuity of shallow tungsten and molybdenum mineralisation at the Mt Mulgine Tungsten Project in Western Australia.

Drilling at the Mulgine Hill prospect intersected near-surface tungsten mineralisation including 17 metres at 0.46% tungsten and 0.02% molybdenum from 2 metres.

The Mulgine Trench prospect contained broad zones of tungsten mineralisation including 40 metres at 0.08% tungsten and 0.12% molybdenum from surface.

In December 2015, Tungsten Mining acquired the Mt Mulgine and Big Hill Projects from Hazelwood Resources Ltd at a cost of $1.2 million.

The company has 100% of the tungsten and molybdenum rights on a contiguous group of tenements at Mt Mulgine.

In June 2016, Tungsten Mining reported an updated mineral resource estimate for Mt Mulgine.

The new resource inventory of 88.6 million tonnes containing more than 15.5 million tonnes of tungsten makes it one of the largest tungsten resource inventories held by an ASX-listed company.

 

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