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King Island Scheelite appoints general manager of project development for Dolphin Project

The company recently revealed positive results from its updated feasibility study and reserve estimate for the Dolphin Tungsten Project.

project area
Tungsten is witnessing growing demand and constrained supply

King Island Scheelite Ltd (ASX:KIS) has appointed Charles Murcott as general manager of project development and operations as part of the proposed redevelopment of its Dolphin Tungsten Project in King Island, Tasmania.

Charles “Chas” Murcott is a mining engineer with over 25 years’ experience working within Australia and abroad, with a significant portion of his career in Tasmania. 

Prior to joining KIS, Murcott was the mining manager at Kingrose Mining Ltd’s (ASX:KRM) Way Linggo Project in Indonesia.

His previous experience in Tasmania includes operations manager of Venture Minerals Ltd’s (ASX:VMS) Riley DSO Project and mining manager/alternate general manager at BCD Resources’ Tasmania Mine at Beaconsfield.

READ: King Island Scheelite’s feasibility study indicates positive economics for Dolphin Tungsten Project

KIS CEO Johann Jacobs said: “The appointment of Chas Murcott as General Manager of Project Development and Operations at our 100% owned Dolphin Tungsten Project marks a fantastic addition to the team on the ground in Tasmania. 

“Following the recent release of the Feasibility Study and Revised Mineral Reserve Estimate, the company is striving ahead with its strategy to redevelop Dolphin and securing someone of Chas’ calibre to be a part of that process is a real bonus for KIS.”

 

KIS recently revealed positive results from its updated feasibility study and reserve estimate for the Dolphin Tungsten Project on the southeast coast of King Island in Bass Strait.

The study outlines that the Dolphin open‐cut project is planned to mine and process about 400,000 tonnes per annum of ore for eight years to produce about 3,500 tonnes of tungsten trioxide concentrate per year.

This concentrate will be selling into a market with strong growing demand and constrained supply.

Quick facts: King Island Scheelite Ltd

Price: 0.11 AUD

ASX:KIS
Market: ASX
Market Cap: $33.44 m
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