Hazelwood Resources hits new tungsten intersections at Mt Mulgine

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THE DRILL SERGEANT: Hazelwood Resources (ASX: HAZ) has received results from recently-completed drilling at the Mt Mulgine tungsten project in Western Australia.

Hazelwood owns 70 per cent of the tungsten and molybdenum rights, Gindalbie Metals (ASX: GBG) 30 per cent, and Minjar Gold Pty Ltd, a subsidiary of Shandong Tainye Group, has gold rights to the project.

Minjar Gold has recommenced gold mining operations to the north of the Mt Mulgine project area and recently drilled five gold exploration Reverse Circulation (RC) drillholes into the Mt Mulgine Trench deposit.

Re-sampling and assaying for tungsten has returned results including:

–    70 metres at 0.17 per cent tungsten from 10 to 80 metres;

–    72m at 0.13 per cent tungsten from 1m to 73m; and

–    18m at 0.15 per cent tungsten from 19m to 37m.

Hazelwood said the results show a broad near-surface extension of the known mineralisation at the Trench deposit adjacent to the Mulgine Hill Resource of 8.2 million tonnes at 0.21 per cent tungsten (0.1 per cent cut-off grade; 76 per cent Indicated category).

 

Trench deposit cross-section with historic holes and recent RC holes. Source: Company announcement

 

“The Trench deposit was extensively explored for tungsten between 1968 to 1981 with eighty diamond core holes drilled,” Hazelwood Resources explained it its ASX announcement.

“Seventy two of these core holes are archived in a core yard and these have been re-logged by SJS Resource Management for Hazelwood.

“The process of re-logging has included day-light and ultra-violet photography, detailed re-interpretation of the rock types and alteration, drill core recovery and 957 specific gravity (density) determinations.”

Hazelwood indicated it proposes to re-sample and assay the legacy holes from the Trench deposit and, where necessary, conduct validation drilling to enable it to be added to the Mt Mulgine tungsten Mineral Resource inventory.

According to the company, historical reports indicate the tungsten deposits of Mt Mulgine were considered amongst the largest in the Western World and evaluation work has previously been completed including bulk sampling, pilot plant trails and engineering studies.