Tungsten Mining phase 1 drilling provides encouragement for more
THE DRILL SERGEANT: Recently-listed Tungsten Mining (ASX: TGN) has been encouraged by positive results it has received from the final analysis of the first eight holes of a Phase 1 drilling program, at the company’s Kilba tungsten project in the Gascoyne Region of Western Australia.
Tungsten Mining commenced diamond drilling in November 2012 to confirm the presence of high-grade tungsten mineralisation, which had been indicated by the project’s previous owners Union Carbide in the 1970s and 1980s.
Plan showing location of stronger zones of mineralisation
intersected by recent drilling, skarn outcrops and historic Union
Carbide drill holes. Source: Company announcement
The current drilling is targeting an area known as Zone 11, which is located on the company’s 100 per cent-owned, granted Mining Lease 08/314.
Highlights from the recent drilling include:
– 14.5 metres at 0.80 per cent tungsten oxide from 42.5 metres; and
– 7.4m at 1.06 per cent tungsten oxide from 82.8m.
“The final analytical results from the first eight holes confirm the high-grade nature of coarse grained scheelite mineralisation present,” Tungsten Mining said in its ASX announcement.
“Given the excellent grades received to date, the company has commenced the Phases II and III drilling program, which are planned for completion by the end of the first quarter of 2013.
“Phase II will consist of reverse circulation and diamond drilling on 80 metre spaced section lines over 800 metres of strike at Zone 11.
“Phase III will feature further in-fill drilling on selected section lines, at 40 metre intervals.”
Tungsten Mining indicated this current activity is the first, and a major component of, studies that are being executed with the intention, and the anticipation of positive results, to become the basis for a full Feasibility Study.
The company said it intends to carry out a Feasibility Study over the next 8 to 12 months to determine the commercial viability of a mine at Kilba.