Not critical of the report however -I may be missing something ---------------- my first quick read and maybe Measured Resource - Mineral Resource Estimate are they different measurements -A bit confusing and seems a large variation ? :- my bolding
The Measured Resource Category of the Molyhil Tungsten-Molybdenum Project improved with a 150% increase in tonnes and 20% increase in WO3 grade when compared
to the previous resource estimate1
. Contained tungsten metal in the Measured Resource
Category increased by 200% to 3,945 tonnes.
• Improvement in the Mineral Resource Estimate resulted from targeted infill drilling and extensive QA/QC validation.
• Work program enabled validation of historical data and improved confidence of the previous resource estimate.
• Strong improvement in tungsten and molybdenum prices reinforce their Critical Minerals
status and potential to revitalise the Molyhil Project.
• Recent renewal of Northern Territory Major Project status provides valuable pathways to
advance the project towards production following project review.
• The updated Mineral Resource Estimate will be utilised to undertake a scoping study to
evaluate the Molyhil Project’s viability, anticipated to be completed early in H2 2024.
The updated Mineral Resource Estimate (MRE) for the Molyhil Tungsten-Molybdenum Project is shown in
Table 1 below. A
Which shows 12,100 tons of WO3
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Not critical of the report however -I may be missing something...
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