Mt Carbine Hits Bonanza Grades Under Open Pit
Filed with ASX · · 19 pages · English
Summary by 6ix AI
EQ Resources Limited reports significant tungsten ore intercepts from its drilling program at the Mt Carbine Tungsten Mine, indicating potential for near-term re-opening of the mine. The final assays from the drilling program show grades that exceed previously reported resource levels, suggesting a favorable environment for open pit operations. The company is progressing with a Bankable Feasibility Study, supported by a strengthening tungsten price environment. CEO Kevin MacNeill highlighted the success of the drilling campaign and its implications for future ore reserve calculations.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from EQ Resources
- Quarterly Activities and Cash Flow Report June 2021
- EQR Drilling at Mt Carbine Hits Iron Duke Extensions
- Mt Carbine - More High Grade Intercepts
- EQR Hits High-Grade Tungsten Zones Below Open Pit
- EQR Extends Resource Drilling at Mt Carbine
Later from EQ Resources
- Early Works Expansion Funding ahead of BFS
- Mineral Resource Update Drives Mt Carbine BFS Optimization
- Quarterly Activities and Cash Flow Report September 2021
- Mt. Carbine BFS Delivers Strong Early Cash Flow
- Mt. Carbine BFS Webinar Presentation
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