Investor Presentaiton
8
Mt Carbine Flagship Projects
Production and cash-flow today...
✓ Refurbished tungsten process plant commissioned and expanded to 300k tpa capacity
✓ Proven viability of advanced XRT ore sorting for 20+ times upgrade of feedstock grade
✓ Crushed (low grade) ore stockpile providing 10+ years feedstock
Acquisition of an established quarry business (20 years in operation)
...with long-term growth opportunities moving forward.
100% ownership of mining leases and exploration permits ☑
Existing 430m decline allowing cost- and time-efficient start of underground works
Target production throughput of 1Mtpa by 2022 (permit application in process) ☐
Tungsten Operation
Quarry Operation
16305
-1000S
14500E
Watershed
Town
<-Road
- Railway
Major airport
-Port
P
14530E
Mossman Port Douglas
Mt Carbine
Mt Molloy
20m
Mareeba
Wolfram Camp
Investor Presentation October 2020
Coral Sea
AUSTRALIA
Cairns
The Mt Carbine deposit is situated in proximity to two other significant
scale tungsten deposits; Geological potential to form a tungsten cluster
in Far-North Queensland:
Watershed [2014 DFS by Vital Metals (2012 JORC): Ore Reserves of 21Mt @
0.15% WO3, Mineral Resources of 49Mt @ 0.14% WO3, Exploration Potential of
49-80Mt @ 0.1-0.19% WO3]
Wolfram Camp [2015 Technical Report by Almonty Industries (NI 43-101): Ore
Reserves of 375kt @ 0.22% WO3, Mineral Resources of 2.3Mt @ 0.29% WO3]
Exploration
155.8
Speciality Metals
International LimitedView entire presentation