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Black Fire Minerals Announces Initial Resource For Tungsten Project

Investing News Network
Aug. 23, 2012 11:44AM PST
Company News

Black Fire Minerals’ (ASX:BFE) announced recent definition at the Pilot Mountain tungsten-copper project.

Black Fire Minerals’ (ASX:BFE) announced recent definition at the Pilot Mountain tungsten-copper project.

As quoted in the press release:

The company has discovered extensive historic project data at the Nevada Bureau of Mines and Geology in Reno.

Importantly, this will allow for acceleration of activities at the Garnet and Gunmetal Deposits and reduce the amount of new drilling required to bring these deposits into JORC compliancy.

The two deposits have a current exploration target of 3 to 4 million tonnes at 0.36 to 0.41% tungsten.

Click here to read the Black Fire Minerals’ (ASX:BFE) press release.

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