Development of Tungsten Ore Industry-VI

In April 2008, Peel Exploration Ltd (Peel) released an Inferred resource estimate of 1.29 Mt at 0.61% WO₃ and 0.05% Mo, at a cut-off of 0.2% WO₃ equivalent, for the Attunga deposit 20 kilometres north of Tamworth in NSW. Peel followed this up in 2010-11 with a study to investigate development options which indicated conditions were favourable for a low capital expenditure operation. Mineralisation at Attunga occurs within skarns developed at the contact of a lime-rich sequence with the Permian-Triassic Inlet Monzonite. In late 2012 Peel indicated it had begun a review of the Attunga deposit and was seeking potential joint venture or off-take partners. In August 2013 Peel completed one diamond drill hole for metallurgical test-work.



 

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