"A key change over the last 12 months has been the increasing...

"A key change over the last 12 months has been the increasing focus on the underground
operation. Fully permitted and with access to residual high grade stockpiles, the Company is
targeting initial pilot plant production in September. Given the much improved tungsten market,
the Board has recently decided to advance this development further into a commercial scale
operation following detailed studies on the resource and mine design."

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