The project has an Australasian Joint Ore Reserves Committee (“JORC”) compliant resources total 49 million tonnes (“mt”) at a grade of 998 parts per million (“ppm”) tungsten trioxide (“WO3“) and JORC compliant reserves of 29.8mt at a diluted grade of 931ppm WO3.
The site is accessed directly from the highway along a 3km asphalt road and is serviced by electricity and water. Importantly, the mine is located within a short trucking distance from both the Atlantic and Mediterranean ports.
| Category | Tonnes '000 | Grade WO3 (ppm) | Metal Content WO3 (t) | Grade Sn (ppm) | Metal Content Sn (t) |
|---|---|---|---|---|---|
| Proven | 1,177 | 995 | 1,171 | 251 | 295 |
| Provable | 28,577 | 928 | 26,511 | 111 | 3,156 |
| Total | 29,754 | 931 | 27,683 | 116 | 3,451 |
