Grieves

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.

Project Locations

Investor Presentations

05-Mar-2012
Carbine Tungsten Update Presentation
March 2012, Carbine Tungsten Update Presentation. Plant is near completion with imminent tungste..

09-Sep-2011
Chairman's Address, 2011 AGM
Carbine Tungsten Chairman's Address to the 2011 Annual General Meeting, September 7th 2011: ..

20-Jun-2011
Investor Presentation Gold Coast
Icon Resources Managing Director's presentation, investor seminar, Gold Coast, 17th June 2011: ..

22-Feb-2011
The Tungsten Company
Managing Director Ian Sheffield-Parker made the following presentation to stockbrokers and analy..

See all presentations here

Grieves	Target: Zinc Tenements: ELs 47/2005 (Henty Rd), 8/2005 (Amber Creek)
Location: Mineral rich west of Tasmania.

Background: “Irish-style” carbonate hosted zinc-lead associated with shallow secondary zinc-in-peat resources and deeply weathered oxide-zinc potential. More... Icon increased the resource of the Grieves Siding zinc mineralisation with an augur-based bulk sampling program. It is continuing to review processing options for the near-surface zinc resources and the broader exploration along the ~25km of potentially minerailsed horizon within the Professor project area. Resource: Geology/Geophysics: Predominantly sphalerite in peaty-clay, overlying more valuable zinc oxide mineralisation. Forward Program: If economic processing options are established, additional drilling and builk sampling will be undertaken at Grieves to define mineable reserves. Discussions are continuing with groups active in the region to progress additional exploration and development opportunities.

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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

Project Locations

Investor Presentations

Grieves

Background:

Resource:

Geology/Geophysics:

Forward Program:

Contact Info

Projects

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