Tungsten (ASX:TGN) hardens on Mt Mulgine

Tungsten Mining has been awarded a $1 million grant to advance its Mount Mulgine Tungsten Project and is a step closer to becoming a cost-effective global leader in tungsten production.

The project, located just 330 kilometres north of the Perth metro area, uses the funds to explore low-cost development options and the downstream production of ammonium paratungstate (APT), an essential raw material for most tungsten products used in manufacturing, aerospace, electric vehicle technology and defence industries.

Tungsten Mining Chairman Gary Lyons said this will provide a foundation for subsequent engineering and auxiliary studies to facilitate the development of a robust Tungsten processing flowsheet for the MMP.

“Our belief in the potential of the MMP project is unwavering, as we are convinced that it can bring immense benefits to the Mid-West region’s economy and community,” Mr Lyons said.

He confidently stated that his company had implemented a proactive strategy for planning its exploration and development work program.

“TGN’s technical expertise and extensive research into development options have enabled cost-effective solutions prioritising downstream production applications,” he said.

“These applications are crucial for Australia’s success, and we are delighted that TGN has recognised their significance,” he added.

“Having successfully applied and obtained the CMDP grant, TGN has demonstrated the technical viability of MMP and its immense potential as a critical minerals project. TGN strongly believes the grant enables it to explore, develop and accelerate project development and provide sustainable value for the Australian economy, delivering key outcomes to support national interests.”

About the Mount Mulgine Project

The Mount Mulgine Project is situated approximately 330 kilometres (km) north northeast of Perth and 15 km northeast of Rothsay. The MMP is located within contiguous Mining Leases M59/386, M59/387, M59/425 and E59/1324, held by Minjar Gold Pty Ltd (Minjar). Listed on the ASX, TGN is developing the MMP and has all rights to the Tungsten and molybdenum produced and rights to all by-products from mining Tungsten and molybdenum. The Project consists of two main areas, the Mulgine Hill and the Mulgine Trench deposits. Both are within tenement M59/425. Additional site infrastructure, including the Processing Plant and ROM Pad, Waste Rock Landforms, Stockpiles, Tailings Storage Facilities, and Camp Facilities, will be located within the M59/387 and M59/386 leases.

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