The Australian junior added that these assay outcomes complement the high-grade intersection in a lately reported drill gap highlighted by 4.05 metres grading 4.58% WO3 and 0.72 g/t gold, together with 2.05 metres at 8.71% WO3 and 1.38 g/t gold and 0.65 metre at 18.35% WO3 and a couple of.97 g/t gold.
“The invention of tungsten at Western Queen has demonstrated the massive optionality that we’ve got in our intensive tenement portfolio. The assay outcomes from the 2021 drill pulp samples have confirmed that we’ve got made a big tungsten discovery at Western Queen,” Rumble Sources managing director Peter Harold mentioned in a information launch.
The corporate now plans to additional analyze historic drilling together with RC drill pulps and a considerable diamond core library held in storage for tungsten, which it believes will possible represent the majority of the information required to categorise an preliminary useful resource estimate.
“Greatest case state of affairs, constructive outcomes from this future evaluation might permit us to calculate a useful resource with none further drilling,” Harold added.
Tungsten is classed as a essential uncooked materials, with the steel serving as a key enter in each the vitality and protection sectors. The availability of tungsten is at present extremely depending on China, which accounts for over 80% of the worldwide provide.
In Australia, tungsten is being produced on a small scale at King Island by Group 6 Minerals (ASX: G6M). The Dolphin mine (King Island) has produced tungsten from scheelite intermittently since 1917 and is taken into account Australia’s largest and highest-grade deposit with a present useful resource of 9.6 million tonnes grading 0.9% WO3.
Past tungsten, the Western Queen undertaking already holds substantial gold assets, at present estimated at 2.1 million tonnes grading 2.42 g/t gold for a complete of 163,268 oz., together with 1.1 million tonnes at 1.95 g/t gold for 67,145 oz. within the indicated class.