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Almonty Industries Inc.
Summary
| Project: | Wolfram Camp Mine | |
|---|---|---|
| Deposit: | Wolfram Camp Mine | |
| Location: | Australia | |
| Commodities: | Tungsten | |
| Date: | 5/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 29-5-2017: Almonty Industries Inc. announces a Resource Estimation report for its Wolfram Camp Mine deposit at the Wolfram Camp Mine project. Mineral resource and reserves updated. This report was prepared to provide a Technical Report compliant with the | |
| Resources: | (Reserve, Prob.): 375Kt @ 0.22% WO3 | |
| CP/QP: | [Resources]: Adam Wheeler (Independent) | |
| ABSTRACT: | This report was prepared to provide a Technical Report compliant with the provisions of National Instrument 43- 101 - Standards of Disclosure for Mineral Projects, (“NI 43-101”), and comprises a review and summary of Resource and Reserve Estimations for the Wolfram Camp Mine project, as of the end of March 2017. The project is located in the state of Queensland in Australia. These current estimates were completed during October, 2015. The mine is an open pit operation, although it has not been in production since March 2015. The principal mine product is currently a tungsten concentrate. From 2012-2013 the mine also produced a molybdenum concentrate. This report was prepared by Adam Wheeler, at the request of Almonty Industries (“Almonty”). Assistance and technical detail were supplied by the technical personnel at Wolfram Camp. Adam Wheeler visited the mine site from June 18th-21st, 2014 and from October 28th – November 1st, 2014. The Wolfram Camp mineralisation was discovered in 1894 and previous mining operations have been based either on surface eluvial mining of residual wolframite grains or on the underground extraction of high-grade pipes of erratic shape and lateral dimensions. The hard rock mines of the Wolfram Camp mineral field have recorded combined production of at least 10,000t of wolframite, molybdenite, bismuth and mixed concentrates. Eluvial and early hard rock production is poorly recorded. The main periods of hard rock mining were 1908-1920, 1967-1972 and 1978-1982. After a very brief period of production in 2008 under former owners, the mine restarted open pit ore production during the latter months of 2011, and the mill was commissioned during the beginning of 2012. Production continued until March 2015, after mine production was stopped, so as to allow a number of improvements to be made to the processing facilities. It is intended to restart the mine in 2018. | |
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