Underground Scoping Study Gives Confidence to Proceed
Filed with ASX · · 5 pages · English
Summary by 6ix AI
EQ Resources Limited has completed a Scoping Study for the Mt Carbine Underground Mine, indicating confidence to advance to a Pre-Feasibility Study. The study suggests the potential for a long-term, economically viable underground mining operation alongside the existing open cut. The results highlight the importance of ore grade and tungsten prices in determining the project's viability. The company plans to conduct further drilling to upgrade the resource classification in preparation for the next phase of development.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from EQ Resources
- Drilling Confirms Mineralisation at Western Pit Extension
- Binding terms for crushing plant financing agreed
- Quarterly Activities and Cash Flow Report December 2021
- Federal Government Co-Invests in High-Tech Ore-Sorting
- Mt. Carbine BFS Webinar Presentation
Later from EQ Resources
- Retraction of Statement in Announcement
- Government Funding for Mt Carbine Critical Minerals Program
- Quarterly Activities and Cash Flow Report March 2022
- Capex Funding For Mt Carbine Expansion Secured
- High-Grade King-Veins Extend Towards West Dyke Area
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