Tungsten Mining advances Mt Mulgine project in Western Australia
Yahoo Finance·2025-10-28 10:09

Core Insights - Tungsten Mining is advancing the Mt Mulgine tungsten project in Western Australia, with promising gold exploration targets identified at multiple prospects [1][5] - The exploration targets indicate a potential yield of 44,000 to 87,000 ounces of gold, complementing a previously disclosed gold mineral resource estimate of 67,500 ounces [2][4] Exploration Targets - Drilling activities at the Mulgine Trench, Allentown, and Monza prospects have revealed an estimated exploration target size of 1.5 to 2 million tonnes, with gold grades between 0.9 to 1.4 grams per tonne [2] - The exploration targets are conceptual and require further exploration to estimate a mineral resource [4] Drilling Results - Significant results from drilling include 6 meters at 3.10 grams per tonne of gold from a depth of 4 meters at the Mulgine Trench [3] - High-grade intersections at the Monza prospect include 4 meters at 27.69 grams per tonne of gold from a depth of 19 meters [3] - At Allentown, results show 23 meters at 1.84 grams per tonne of gold from a depth of 12 meters across three structures [4] Strategic Implications - The chairman of Tungsten Mining emphasized that these results enhance the gold opportunity at Mt Mulgine, supporting the tungsten development strategy and providing flexibility for future development plans [5]