TNG Completes an Updated Feasibility Study for Mount Peake

Australian strategic metals company TNG (ASX: TNG) is pleased to advise that it has completed an updated Feasibility Study (FS) and Financial Model for its flagship 100%-owned Mount Peake Vanadium-Titanium-Iron Project in the Northern Territory.
The results of the FS reconfirm and enhance the outcomes reported in the Definitive Feasibility Study (DFS) completed in 2015 (see ASX Announcement 31 July 2015).
TNG’s Managing Director, Paul Burton, said:

“This marks the culmination of a vast body of work completed over the past 18 months in conjunction with our strategic development partner, SMS Group, Como Engineers and METS.”

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