EQR eq resources limited

how big is the cnq lease, what's there?

  1. 6,752 Posts.
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    I did a little research on Mt carbine and below is an extract from historical records.
    In 1904, B. Dustan FGS, the Acting Government Geologist, wrote in the Annual Progress Report of the Geological Survey of Queensland that "Mt Carbine, a comparatively new and little known field, is situated about 30 miles in a direct line north-west from the Mareeba Railway Station, but along the road is about 50 miles from Biboohra, via the Mt Molloy Copper Mines. The wolfram occurs in a large number of quartz lodes and the prospecting work has indicated the permanence of both the lodes and their wolfram contents.
    I do recall talk of tin someone at a conference said a hill of tin. That is a lot tin.
    The thing is as the 1904 report states this is a little known field. The following link lists the deposit as one of the biggest in the world.
    http://www.aditnow.co.uk/documents/Mt-Carbine-Mixed-Mine/Mt-Carbine-History.pdf
    The deposit seems to be running in various directions but until now we do not know the true extent of the resource. I bet there is a mass of material yet to be added to the maiden JORC.
    III.AX did further work and the maiden JORC study produced great results.
    See below.
    http://www.proactiveinvestors.com.au/companies/news/14881/icon-resources-testwork-indicates-boost-to-mt-carbine-tungsten-project-economics-14881.html
    We Get lost in the day to day gossip but if we analysis the history of MT CARBINE there seems to be a world class project about to bloom.
    I think I will be buying next week. Hope there is a nice seller at under 9c. On paper this is a no brainer.
 
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