Friday, March 26, 2010

Hazelwood Announces Increase In Big Hill Tungsten Resource

Australian miner, Hazelwood Resources, which is completing feasibility studies on its Big Hill Tungsten Deposit in Western Australia’s Pilbara region, has announced an interim upgrade to the JORC Resource. Results show an increase in higher category resources of 72%. Further resource upgrades are expected as drilling continues.

Production at Big Hill is due to start in 2011 and will produce around 3% of the world’s supply of primary mined tungsten.

Hazelwood announced earlier this week its acquisition of a majority stake in a ferrotungsten project in Vietnam that is expected to be commissioned later this year.

“The Big Hill deposit is mostly near the surface and needs almost no stripping to get the mine started. The metallurgy is proven through extensive testwork and we are currently doing significant pilot scale testing," said Hazelwood Managing Director Terry Butler-Blaxell.

"We can bulk mine and process at low cut-off grades and therefore mine more of the deposit,” he added.

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