Business · Energy & Commodities · 13 hrs ago

Stelar Metals expands tungsten drilling at Hill of Leaders

Stelar Metals expands tungsten drilling at Hill of Leaders

Stelar Metals is expanding its tungsten drilling at the Hill of Leaders project in the Northern Territory.

The company has completed 26 reverse-circulation holes covering about 3,300 metres and is adding holes to test more targets.

Field checks have indicated tungsten-bearing minerals in veins and granite across several prospect areas, but laboratory tests are needed to confirm grades.

The drill locations span more than 1.3 kilometres, while the company thinks the broader system could extend beyond 2 kilometres; the gaps between drill sections do not prove continuous mineralisation.

The first laboratory results are expected in late November, and results from a separate 1,350-sample soil survey are expected in the coming weeks.

Further drilling and test results will help assess the system's size and grade, and whether the geological observations point to a wider target area.

Tungsten is used in hard, wear-resistant tools for industries including mining, construction and metalworking.

1 source

Related

What people are saying

Stephen BigginsStelar Metals executive chair
The initial drill observations are exciting, but we haven’t found the edges. We simply don’t know how big it is,
via Stockhead
We are thinking bigger and backing that conviction with more drilling.
via Stockhead