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    market news

    Siburan Purchases Tungsten Project in New Zealand

    Investing News Network
    Mar. 14, 2012 04:50PM PST
    Critical Metals

    Mining Weekly reported the New Zealand government has awarded a tungsten exploration permit to Siburan Resources (ASX:SBU).

    Mining Weekly reported the New Zealand government has awarded a tungsten exploration permit to Siburan Resources (ASX:SBU).

    As quoted in the market news:

    The exploration permit has been granted for a period of five years, while the prospecting permit would be valid for two years. Both these permits cover an area of some 837.9 km2, with potential to host high tonnage tungsten deposits, based on previous exploration work.

    Click here to read the full Mining Weekly report.

    market newstungsten explorationprospecting permitnew zealand
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