Sydney - Tuesday - September 2: (RWE Aust Business News) - Hazelwood's (ASX:HAZ) Big Hill tungsten deposit, Cookes Creek, has revealed extensive coarse grained scheelite mineralisation at depth. Visual observation of the newly drilled diamond core holes with an ultraviolet lamp shows extensive quartz-scheelite veining within the mineralised sequence. Assays are pending. The coarse grained nature of the mineralisation is considered a competitive advantage of the Big Hill deposit. The shallow dipping geometry of the host sequence is also considered an advantage, with mineralisation accessible from surface. A second diamond core rig is scheduled to commence in the next few days to expedite the drilling program. The Cookes Creek tungsten project has already produced high quality tungsten concentrates, utilising full sized commercial equipment, with excellent processing characteristics.
HAZ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held