I'm very comfortable with the progress thus far, a great little investment imo.. Harry, hope you've done some more research on the other prospects like tin/gold .. web site.. link: http://www.iconresources.com.au/
plus this great tungsten story has even more potential..
A snippet .. from: III ASX announcement .. 7th May, 2010
Icon acquires exploration tenements surrounding Mt Carbine
Icon Resources Ltd (ASX: III) is pleased to provide the following update on its 100% owned (mineral
rights) Mt Carbine tungsten project in north Qld.
? Icon has acquired EPM 14872 which surrounds the Mt Carbine mining leases and the adjoining
EPM 14871.
? The tenements contain numerous historic tungsten (and tin) workings and have excellent
prospectivity for significant mineralisation, with the potential for further concealed Mt Carbine ?
style sheeted vein systems.
? This acquisition also contributes to the accelerated development of Mt Carbine by providing
underlying tenure for future infrastructure requirements adjacent to the current granted mining
leases.
Icon has acquired EPM 14871 and EPM 14872, for $87,500, from Kangaroo Resources Ltd which is now
focussing its activities on coal in Indonesia. The granted exploration tenements cover over 210 sq km
(combined) and contain numerous old workings with, in particular, significant tungsten mineralisation
identified at Mt Holmes and along a prospective corridor to the SE of Mt Carbine.
Further, this acquisition will facilitate application for an enlarged mining lease and/or infrastructure leases
should these be deemed desirable.
I'm very comfortable with the progress thus far, a great little...
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