Mt Carbine
The mine is just 130km by sealed highway from the port of Cairns, and a 45 minute drive from Port Douglas. The north face of the open pit is visible from the highway into Mt Carbine.
Infrastructure in place
Mt Carbine has mains power and water, there is a small town adjacent to the minesite, and a ready pool of employees in the surrounding area.
Sheeted Quartz Vein
Mt Carbine tungsten deposit consists of a number of approximately vertical, sub-parallel quartz veins that host wolframite and scheelite mineralisation.
Wolframite and Scheelite
The ratio of wolframite to scheelite at Mt Carbine is thought to be around 80:20%. Mt Carbine is unusual in that both tungsten minerals occur together.
A Three-Step Production Plan
1. Tailings retreatment (for two years), to be followed by 2. processing of the existing stockpiles, leading to 3. hard rock mining for more than 10 years.
Ore Sorting
Ore sorting greatly reduces the amount of ore that has to be processed, reducing the size of the required processing plant, capital and operating costs.
The X-ray Ore Sorter
An X-Ray sorter was fed a 2000 tonne sub-sample of the main stockpile. Grade/recovery curves indicate an eight times upgrade of the feed is possible.
There are Two Significant Stockpiles
The main stockpile from previous mining operation contains approximately 12Mt at a grade of 0.075% WO₃and the reject stockpile from the ore sorter has more than 4Mt.
Tailings Retreatment
A fines gravity recovery circuit using a Kelsey Jig will recover ~5000 mtu WO₃ per month from the tailings.

Share Price (ASX:CNQ)

Tungsten Price

2011 Annual Report

See recent presentations here.

Investor Relations

Latest ASX Announcements

31-Jan-2012 Quarterly - Appendix 5 B (238 KB)

31-Jan-2012 Quarterly Activities Report (587 KB)

24-Jan-2012 Appendix 3X Initial Director's Interest (243 KB)

24-Jan-2012 Letter of Intent for Off-take Agreement (204 KB)

24-Jan-2012 Management Changes (60 KB)

20-Dec-2011 Mt Carbine Plant Construction Update (295 KB)

19-Dec-2011 Major Extensions to Mt Carbine Deposit (907 KB)

06-Dec-2011 Update on Mt Carbine (225 KB)

31-Oct-2011 Appendix 5B to 30.9.2011 (250 KB)

31-Oct-2011 Quarterly Activities Report 30.9.2011 (812 KB)

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See news items in the NEWS section.

Shareholder Info

Stock Exchange:
Australian Securities Exchange

Share Register:

Computershare Investor Services
Yarra Falls
452 Johnston Street
Abbotsford VIC 3067
Telephone (within Australia):
1300 850 505
Telephone (international):
+61 3 9415 4000

Analyst Reports

16-Aug-2010 Resource Capital Research August 2010 (460 KB)

14-Jul-2010 Martin Place Securities (415 KB)

11-Jun-2009 Resource Capital Research (917 KB)

Contact Info

Carbine Tungsten Limited
(Formerly Icon Resources Limited)
ASX: CNQ
Email: info@carbinetungsten.com.au
Website: www.carbinetungsten.com.au
Phone: +61 (0)7 4052 2400

50 Scott Street Bungalow Cairns QLD 4870
PO Box 1040 Bungalow QLD 4870

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Mt Carbine

Infrastructure in place

Sheeted Quartz Vein

Wolframite and Scheelite

A Three-Step Production Plan

Ore Sorting

The X-ray Ore Sorter

There are Two Significant Stockpiles

Tailings Retreatment

Share Price (ASX:CNQ)

Tungsten Price

2011 Annual Report

Investor Relations

Latest ASX Announcements

Shareholder Info

Share Register:

Analyst Reports

Contact Info

Projects

Subscribe