King Island Scheelite Ltd

King Island Scheelite revises Dolphin's tungsten reserve estimate in feasibility update

King Island Scheelite Ltd (ASX:KIS) executive chairman Johann Jacobs updates Proactive Investors on the revised mineral reserve estimate from the company's updated feasibility study at its Dolphin Tungsten Project near Tasmania
Jacobs says the reserve estimate is now 3 million tonnes at 0.73% tungsten, down slightly down from the previous estimate.
The updated study is based on work done by Xenith Mining, Gekko Systems and other development consultants. 
Tungsten production at Dolphin is anticipated in 2021.

Quick facts: King Island Scheelite Ltd

Price: $0.07

Market: ASX
Market Cap: $19.3 m

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King Island Scheelite ready to restart high-grade tungsten production at...

King Island Scheelite Ltd (ASX:KIS) executive chairman Johann Jacobs speaks to Proactive Investors about the tungsten developer’s Dolphin Project on the southeast coast of King Island, the most western large island in the Bass Strait.   “We’ve been spending the last five years...

on 7/3/19

2 min read