Tungsten Mining
Mineral Resources

Mulgine Trench (Mt Mulgine) JORC 2012 Compliant1

Category Tonnes
(Million)
Grade
% WO3
Metric Tonne Unit
WO3
Contained WO3
(Tonnes)
Grade Mo (ppm) Contained Mo
(Tonnes)
Indicated 0.4 0.14 50,000 500 400 160
Inferred 63.4 0.17 11,050,000 110,500 250 15,850
Sub Total 63.7 0.17 11,100,000 111,000 250 15,950

Mulgine Hill (Mt Mulgine) JORC 2012 Compliant2

Category Tonnes
(Million)
Grade
% WO3
Metric Tonne Unit
WO3
Contained WO3
(Tonnes)
Grade Mo (ppm)
Contained Mo
(Tonnes)
Indicated 4.7 0.21 987,000 9,870 50 235
Inferred 3.7 0.15 555.000 5,550 64 237
Sub Total 8.4 0.18 1,542,000 15,420 56 470

Big Hill (Pilbara) JORC 2004 Compliant3

Category Tonnes
(Million)
Grade
% WO3
Metric Tonne Unit
WO3
Contained WO3
(Tonnes)
Indicated 6.2 0.16 992,000 9,920
Inferred 5.3 0.13 689,000 6,890
Sub Total 11.5 0.15 1,681,000 16,810

Kilba (Ashburton) JORC 2012 Compliant4

Category Tonnes
(Million)
Grade
% WO3
Metric Tonne Unit
WO3
Contained WO3
(Tonnes)
Indicated 4.1 0.25 1,030,000 10,300
Inferred 0.8 0.20 170,000 1,700
Sub Total 5.0 0.24 1,200,000 12,000

Total Resource Inventory

Category Tonnes
(Million)
Grade
% WO3
Metric Tonne Unit
WO3
Contained WO3
(Tonnes)
Grade Mo (ppm) Contained Mo (Tonnes)
Indicated 15.4 0.20 3,060,000 30,600 26 395
Inferred 73.2 0.17 12,460,000 124,600 220 16,087
Sub Total 88.6 0.18 15,520,000 155,200 186 16,482

Note: Totals may differ from sum of individual numbers as numbers have been rounded in accordance with the Australian JORC code 2012 guidance on Mineral Resource reporting. A Metric Tonne Unit (MTU) represents 10 kilograms of WO3.

1. Refer ASX (HAZ) Announcement 5 November 2014, “Hazelwood continues to increase tungsten resource”
2. Refer ASX (Tungsten Mining) Announcement 23 June 2016, “Mulgine Hill June 2016 Mineral Resource Update”
3. Refer ASX (Tungsten Mining) Announcement 23 June 2016, “Big Hill June 2016 Mineral Resource Update”
4. Refer ASX (Tungsten Mining) Announcement 30 January 2015, “Kilba Mineral Resource Update”