Icon Resources Quarterly Activity Report

Icon Resources Ltd’s (ASX:III) reports it is focused on starting tungsten production and development.

The press release is quoted as saying,

During the June quarter the following activities moved it towards achieving this goal:

• Completion of a successful rights issue (allotment of the shares took place on 20 July 2011);

• The final feasibility metallurgical testwork on the Mt Carbine tungsten tailings retreatment has been completed and the second-hand processing plant has been sourced;

• Ore sorter trials on bulk samples from mineralised stockpiles were completed with excellent results and grade recovery curves have shown that an eight-times upgrade may be achieved;

For the complete press release, click here.