Tungsten Mining NL ( (AU:TGN) ) has issued an update.
Tungsten Mining NL is advancing its Hatches Creek Tungsten Project with significant progress in obtaining necessary mining approvals and preparing for potential early-stage production. The company has submitted key applications for environmental and mining licenses and is conducting a Mineral Resource Estimate following a successful drilling program. This estimate will help determine the feasibility of early production, with the project’s high-grade tungsten prospects and additional copper mineralization offering potential value in the favorable market conditions.
More about Tungsten Mining NL
Tungsten Mining NL is an Australian company focused on developing tungsten projects. The company operates in the mining industry, primarily dealing with tungsten, and holds a 100% stake in the Hatches Creek Tungsten Project located in Northern Territory, Australia.
YTD Price Performance: -16.67%
Average Trading Volume: 231,466
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$67.38M
For an in-depth examination of TGN stock, go to TipRanks’ Stock Analysis page.