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Hazelwood increases Mulgine resource

5th November 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – Recent drilling at tungsten miner Hazelwood Resources’ Mulgine project’s Trench deposit, in Western Australia, has increased the project’s indicated and inferred resource by about 9%.

The Trench deposit is now estimated to host an indicated and inferred resource of 63.8-million tonnes, grading 0.17% tungsten, while the total mineral resource of the Mulgine project stood at 88.2-million tonnes, grading 0.17% tungsten for 121 700 t of contained tungsten.

A January prefeasibility study for the Mt Mulgine project estimated that a capital investment of about A$31.5-milllion would be required to establish a concentrator at the Mt Mulgine project, with the project delivering 90 000 t/y of concentrate.

Conceptually, the concentrator would provide about one-third of the required yearly feedstock for Hazelwood’s ATC ferrotungsten project, in Vietnam, based on the projected 2015 production.

The ASX-listed company recently identified the development of the Mt Mulgine project as part of the company’s efforts to drive down cost and improve productivity.

Edited by Creamer Media Reporter

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