RNS10 Jun 2019 13:14
Good news:
Mick Billing, Executive Chairman, commented:
"This is a significant step forward for our 100% owned Pilot Mountain project."
"The locked cycle testwork has demonstrated production of a high grade scheelite concentrate with good recoveries".
"We are following up the gold potential via extraction of sample pulps from previous testwork which will be re-assayed for gold".
"Significant potential exists for further enhancements to this work which may improve project economic outcomes".
" Tungsten remains classified as a critical mineral in the USA, with no domestic tungsten production".
"We continue to have a principle focus on securing off-take and finance agreements for our flagship Molyhil project, and we will keep investors appraised of progress as appropriate. However our other projects, including Pilot Mountain, have significant value and we are committed to continuing to take these forward".