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Highlights
- Tungsten Mining unveils new gold-tungsten integration strategy
- Mt Mulgine Scoping Study scheduled to commence in July
- Early-stage oxide gold project supports long-term tungsten goals
Tungsten Mining (ASX:TGN) is advancing a transformative strategy at its Mt Mulgine Project in Western Australia, setting the stage for an integrated development that combines both gold and tungsten opportunities. With a fresh Scoping Study scheduled to commence in July 2025, the company aims to unlock near-term value while paving the way for long-term resource extraction. While Tungsten Mining is not currently listed within the ASX 200, its strategic ambitions position it as a noteworthy contender in Australia's critical minerals sector.
At the heart of this initiative lies an innovative approach to leverage oxide gold mineralisation situated within the upper layers of the proposed starter pit. This gold-focused phase is envisioned to ease initial development expenses and accelerate access to the underlying tungsten ore body. Such a phased development plan could offer operational flexibility while supporting project scalability in the future.
The upcoming Scoping Study represents a critical milestone in the company’s revised development roadmap. It will evaluate the feasibility of a stand-alone oxide gold operation, including key aspects like capital and operating cost estimates, mine design, tailings solutions, and infrastructure planning. The study will also delve into waste dump layouts, pit optimisation, scheduling, and a comprehensive approvals framework.
A central goal of the study is to outline how oxide gold extraction could complement and integrate with the broader Mt Mulgine development. This includes assessing sequencing and commercialisation strategies that would ensure a seamless transition from gold production to tungsten mining. Such alignment could not only improve project economics but also bolster investor and stakeholder confidence in the project's overall viability.
The Mt Mulgine Project is strategically positioned within a region known for critical mineral resources, with growing global demand for tungsten and molybdenum driven by industrial and defence-related applications. Tungsten Mining’s vision aligns with broader national priorities around securing critical mineral supply chains and building resilient resource infrastructure.
By pursuing this dual-resource model, Tungsten Mining (ASX:TGN) aims to create a long-life, high-value project in a tier-one jurisdiction. The upcoming study could mark a turning point, enabling the company to transition from conceptual strategy to actionable development—strengthening its foothold in Australia’s dynamic resource landscape.
