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Hazelwood Resources Increases Tungsten Resource at Mulgine Project

Investing News Network
Nov. 05, 2014 09:32AM PST
Company News

Hazelwood Resources (ASX:HAZ) has released an updated mineral resource estimate for the Mulgine tungsten project. with an indicated and inferred resource of 63.8 million tonnes grading 0.17 percent tungsten. The total tungsten mineral resource is now 88.2 million tonnes at 0.17 percent tungsten.

Hazelwood Resources (ASX:HAZ) has released an updated mineral resource estimate for the Mulgine tungsten project. with an indicated and inferred resource of 63.8 million tonnes grading 0.17 percent tungsten. The total tungsten mineral resource is now 88.2 million tonnes at 0.17 percent tungsten.

According to the press release:

Total tungsten Mineral Resources for Hazelwood are now 88.2 million tonnes @ 0.17% WO3. The total contained tungsten in this inventory is 15.3 million MTU (metric tonne units), or approximately 121,700 tonnes of contained tungsten metal.

Mark Warren, executive chairman, said:

Hazelwood is unique in the landscape of ASX-listed Tungsten focused companies, being the only company with downstream processing that also boasts the third largest Resource base in a conveniently located mine with near surface Resource. I am glad to have recently joined Hazelwood as I see great development opportunities ahead in our upstream and downstream assets

Click here to read the Hazelwood Resources Ltd. (ASX:HAZ) press release

asx:haz hazelwood resources ltd
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