Drilling confirms high-grade mineralised system
Filed with ASX · · 16 pages · English
Summary by 6ix AI
EQ Resources Limited reports on the results of additional diamond drilling at the Mt Carbine Tungsten Mine, confirming a significant high-grade mineralised system extending west of the BFS Pit. The drilling program revealed multiple high-grade intercepts, with some results showing tungsten grades significantly higher than the current Open Pit Ore Reserve. The company plans to update the Mt Carbine Mineral Resource Estimate based on these promising drilling results. The CEO expressed excitement over the findings, indicating potential for further development and exploration opportunities at the site.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from EQ Resources
- Iron Duke Discovery and Potential Pit Extension
- Drilling Targeting New Discoveries and Potential Expansion
- Strong BFS Update Delivers 59% Increase in NPV
- Quarterly Activities and Cash Flow Report September 2022
- EQR Raises $4.56 Million in a Well-Supported Placement
Later from EQ Resources
- Environmental Authority to Resume Open Pit Mining Secured
- EQ Resources gets approval to start tungsten mining at Mt Carbine
- Mt Carbine Mining Leases Renewed For 19 Years
- 64% Increase of Mt Carbine Indicated Resources (In-Situ)
- Response to ASX Price Query Letter
Follow EQ Resources into a list and get an email when it puts out news.
Follow EQ Resources