Thor Mining plc (ASX:THR) announced that new work, including ore sorting and better metallurgical processing, has resulted in a 13-percent cost reduction at its Molyhil tungsten project, located in Australia's Northern Territory.
Tungsten Company News Directory
Blackheath Resources Inc. (TSXV:BHR,FWB:04B) announced the first ever diamond drill program at the Santa Helena Breccia located within the historic Borralha Tungsten Project Portugal. Blackheath holds rights to a 100% interest in the largest past-producing tungsten mine in Portuga, the Borralha Tungsten Project.
Wolf Minerals Limited (ASX:WLF) announced a shareholder purchase plan to subscribe for additional shares in the Company to a maximum value of $2,000,000
Sultan Minerals Inc. (TSXV:SUL) has received approval from the TSX Venture Exchange for the option agreement dated November 8, 2013 (as amended) with Margaux Resources Ltd. (TSXV: MRL) with respect to the Jersey-Emerald Tungsten-Zinc Property, in southeastern B.C. Margaux has filed an updated NI 43-101 compliant technical report on the property.
Tungsten Mining NL (ASX:TGN) has completed the previously announced placement of $400,000 from two clients of Eight Carat Securities Pty Ltd. As a result of the placement, the Subscribers have nominated Lee Kong Leng and David Grant Sanders to the Board of Directors. The Company also announced an entitlement offer to eligible shareholders.
Tungsten Mining NL (ASX:TGN) announced a A$4.24 million financing via a renounceable entitlement issue of 1 new share for every 1 share held by shareholders, and an institutional placement by clients of Eight Carat Securities Pty Ltd.
Wolf Minerals Limited (ASX:WLF,AIM:WLFE) has completed a conditional financing to raise gross proceeds of approximately A$182.7 million at a price of A$0.30 per share.
North American Tungsten Corporation Ltd. (TSXV:NTC) announced that the Yukon Environmental and Socio-economic Assessment Board has released its final screening report for the company's Yukon-based MacMillan Pass tungsten property, recommending that it "be allowed to proceed without [further] review."
Wolf Minerals Limited (ASX:WLF,AIM:WLFE) had an official ground-breaking ceremony on the Hemerdon project, near Plymouth, Devon, UK.
Blackheath Resources Inc. (TSXV:BHR,FWB:04B) announced results from the second round of preliminary work at the Vale das Gatas Tungsten/Tin Project, located 100 kilometres east of Porto in northern Portugal. Sixteen samples have been collected from the Prainelas area, and the total average of all the samples was over 3.03% WO3.