Australian tungsten developer Tungsten Mining NL (ASX: TGN) ('Tungsten Mining' or 'the Company') is pleased to advise that it has been awarded grant funding of $1m under the Critical Minerals Development Program (CMDP).
The funding will be utilised to explore low-cost development options of the Mount Mulgine Tungsten Project (MMP) and the downstream production of Ammonium Paratungstate (APT), an important raw material for most Tungsten products used in manufacturing, aerospace, electric vehicle (EV) technology and defence industries. This will provide a foundation for subsequent engineering and auxiliary studies to facilitate the development of a robust Tungsten processing flowsheet for the MMP
Tungsten Mining's Chairman, Gary Lyons, commented: 'Our belief in the potential of the MMP project is unwavering, as we are convinced that it can bring immense benefits to the Mid-West region's economy and community. TGN has demonstrated a proactive approach in planning its exploration and development work program for MMP, which instils confidence in us. The Company's technical expertise and extensive research into development options have enabled it to identify cost-effective solutions prioritising downstream production applications. These applications are crucial for Australia's success, and we are delighted that TGN has recognised their significance.' 'Having successfully applied and obtained the CMDP grant, TGN has demonstrated the technical viability of MMP and its immense potential as a critical minerals project. TGN strongly believes the grant enables it to explore, develop and accelerate project development and provide sustainable value for the Australian economy, delivering key outcomes to support national interests
MMP Project
The MMP is situated approximately 330 kilometres (km) north northeast of Perth and 15 km northeast of Rothsay. The MMP is located within contiguous Mining Leases M59/386, M59/387, M59/425 and E59/1324, held by Minjar Gold Pty Ltd (Minjar)
Listed on the ASX, TGN is developing the MMP and holds all rights to the Tungsten and molybdenum produced and rights to all by-products from mining Tungsten and molybdenum. The Project consists of two main areas, the Mulgine Hill and the Mulgine Trench deposits. Both are within tenement M59/425. Additional site infrastructure, including the Processing Plant and ROM Pad, Waste Rock Landforms, Stockpiles, Tailings Storage Facilities, and Camp Facilities, will be located within the M59/387 and M59/386 leases
Contact:
Gary Lyons
Tel: +61 8 9486 8492
Email: info@tungstenmining.com
Competent Person's Statement
The information in this report related to Geological Interpretation and Exploration Results is based on and fairly represents information and supporting documentation prepared by Peter Bleakley, a Member of the Australasian Institute of Mining and Metallurgy. Mr Bleakley is a full-time employee of the Company. Mr Bleakley has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Bleakley consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
About Tungsten Mining
Australian tungsten developer, Tungsten Mining NL is an Australian based resources company listed on the Australian Securities Exchange. Tungsten (chemical symbol W) occurs naturally on Earth, not in its pure form but as a constituent of other minerals, only two of which support commercial extraction and processing - wolframite ((Fe, Mn) WO4 ) and scheelite (CaWO4 ). Tungsten has the highest melting point of all elements except carbon - around 3400-degreeC giving it excellent high temperature mechanical properties and the lowest expansion coefficient of all metals. Tungsten is a metal of considerable strategic importance, essential to modern industrial development (across aerospace and defence, electronics, automotive, extractive and construction sectors) with uses in cemented carbides, high-speed steels and super alloys, tungsten mill products and chemicals. Through exploration and acquisition, the Company has established a globally significant tungsten resource inventory in its portfolio of advanced mineral projects across Australia. This provides the platform for the Company to become a major player within the global primary tungsten market through the development of lowcost tungsten concentrate production
TUNGSTEN MINING NL 
