logo-loader
King Island Scheelite Ltd

King Island Scheelite ready to restart high-grade tungsten production at Dolphin Project

King Island Scheelite Ltd (ASX:KIS) executive chairman Johann Jacobs speaks to Proactive Investors about the tungsten developer’s Dolphin Project on the southeast coast of King Island, the most western large island in the Bass Strait.
 
“We’ve been spending the last five years trying to establish the optimal way of restarting the mine,” says Jacobs.
 
He continues, “we’ve got to a point now where the first eight years of operation will be open cut and that will be followed by eight years of underground.”
 
Dolphin’s resource is about 9 million tonnes at 0.73% tungsten and continues to increase to about 1.1 % as the orebody dips underground.

Quick facts: King Island Scheelite Ltd

Price: $0.08

Market: ASX
Market Cap: $19.83 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of King Island Scheelite Ltd named herein, including the promotion by the Company of King Island Scheelite Ltd in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Leafbuyer Technologies aims to double organic revenue by end...

Leafbuyer Technologies Inc (OTCMKTS:LBUY) CEO Kurt Rossner tells Proactive the Colorado-based cannabis technology platform, which allows dispensaries to advertise on its website, is aiming to double its organic revenues by end of 2019. Rossner explains the company is in a high-growth phase,...

2 hours, 5 minutes ago

2 min read