Tungsten Mining (ASX:TGN) wrap up at Mt Mulgine
Tungsten Mining has completed exploration drilling over its Mt Mulgine targets, intersecting significant tungsten-molybdenum mineralisation to the north, east, west, and high-grade zones beneath its established resource in the Murchison region of Western Australia.
Infill drilling at the eastern prospect defined significant mineralisation over 520 metres of strike while first pass drilling at Mulgine Hill North returned mineralisation over 320 metres of strike.
And the five RC holes beneath the near surface resource at Mulgine Hill struck significant zones of mineralisation, returning intercepts of 4 metres at 0.12% WO3 and 4400 ppm Mo from 57 metres 20 metres at 1600 ppm Mo from 68 metres.
“We are pleased to have finalised and completed interpretation from the drill program testing targets adjacent to the Mulgine Hill deposit,” Tungsten Mining chairman Gary Lyons said.
“These results have defined significant zones of molybdenum and tungsten mineralisation which may represent alternate development pathways. We are excited to explore these opportunities.”
Named for one of the more remarkable metals on earth, Tungsten Mining has continued to establish a globally significant resource of the metal through acquisition and exploration across Australia.
The Mt Mulgine deposits alone combine for a total 259 at 0.11 per cent tungsten trioxide resource, and the company holds assets at Watershed, Big Hill, Kilba, and Hatches Creek with the potential to significantly expand its inventory.
Tungsten is one of the critical minerals dominated by Chinese production but depleted high-grade resources and increased production costs have continued to put pressure on its own industry, while supply chain concerns from western powers have placed the onus on domestic resources.
The short-term plan was to test potential high-grade tungsten-molybdenum mineralisation identified by historic drilling and a large coincident molybdenum-tungsten soil anomaly adjacent to the Mulgine Hill deposit, with a long-term objective of becoming a globally significant player within the primary market through low-cost production.
Drill location plan map
Significant results
Mulgine Hill East
- 11 metres at 3300 ppm Mo from 56 metres and 5 metres at 3400 ppm Mo from 72 metres in
MMC552 - 10 metres at 0.18% WO3 from 33 metres in MMC542 and 7 metres at 0.22% WO3 from 119
metres in MMC555
Mulgine Hill North
- 16 metres at 4600 ppm Mo from 20 metres in MMC569 and 21 metres at 1700 ppm Mo from
34 metres in MMC564. - 10 metres at 0.14% WO3 from 45 metres in MMC562 and 10 metres at 0.25% WO3 from 118
metres in MMC563.
Mulgine Hill
- 14 metres at 0.12% WO3 and 4400 ppm Mo from 57 metres in MMC583
- 20 metres at 1600 ppm Mo from 68 metres in MMC584
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