Highlights
TUNGSTEN & MOLYBDENUM
Molyhil NT
- Letter of Intent agreed for sale of 70% to 75% of tungsten concentrates to major US based tungsten group.
- Ore sorting testwork identifies cost savings.
- Other initiatives targeting reduced capital & operating costs.
GOLD
Spring Hill NT
- RC drilling program extends known mineralisation.
- Best down hole intercepts of:
- 6 metres @ 5.6g/t au
- 6 metres @ 6.8 g/t au.
- Ore sorting testwork shows potential for lower costs & improved economic outcomes.
Dundas WA
- No work during the quarter.
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