Mineral Resources

Mulgine Trench (Mt Mulgine) JORC 2012 Compliant1

Category Tonnes
(Million)		 Grade
% WO3		 Metric Tonne Units
WO3		 Contained WO3
(Tonnes)		 Grade Mo (ppm) Contained Mo
(Tonnes)
Indicated 0.4 0.14 50,000 500 400 150
Inferred 63.4 0.17 11,050,000 110,500 250 15,600
Sub Total 63.8 0.17 11,100,000 111,000 250 15,700


Mulgine Hill (Mt Mulgine) JORC 2012 Compliant2

Category Tonnes
(Million)		 Grade
% WO3		 Metric Tonne Units
WO3		 Contained WO3
(Tonnes)		 Grade Mo (ppm) Contained Mo
(Tonnes)
Indicated 4.1 0.25 1,030,000 10,300 90 400
Inferred 3.0 0.19 570,000 5,700 110 300
Sub Total 7.1 0.23 1,630,000 16,300 98 700


Big Hill (Pilbara) JORC 2004 Compliant3

Category Tonnes
(Million)		 Grade
% WO3		 Metric Tonne Units
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 Units
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 Units
WO3		 Contained WO3
(Tonnes)		 Grade Mo (ppm) Contained Mo (Tonnes)
Indicated 14.8 0.21 3,080,000 30,800 35 500
Inferred 72.5 0.17 12,490,000 124,900 220 15,900
Sub Total 87.4 0.18 15,610,000 156,100 188 16,400

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 28 July 2017, “Mulgine Hill 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”