Tungsten Mining (ASX:TGN) is advancing its Mt Mulgine Project in Western Australia, exploring an integrated gold and tungsten opportunity. The company is preparing for a 10-week Scoping Study set to begin in July 2025. Tungsten Mining is an Australian resources company focused on the discovery and development of tungsten projects. The company’s market capitalisation currently sits at $58.39 million.
The integrated strategy aims to leverage oxide gold potential to offset early development costs and provide access to the primary tungsten ore body. The upcoming Scoping Study will evaluate the near-term potential of a start-up oxide gold project and its alignment with the broader Mt Mulgine development strategy. This study is a key milestone in Tungsten Mining’s revised approach.
The study will focus on capital and operating cost estimates, integration pathways, and tailings management solutions. It will also cover site layout and infrastructure planning, pit optimisation, waste dump designs, mine scheduling, an approvals strategy, and the estimation of a standalone oxide gold resource.
Chairman Gary Lyons believes this strategy makes commercial sense. He stated that targeting oxide gold mineralisation within the overburden of the proposed starter pit could generate early cash flow, offset pre-strip costs, and accelerate project development. The study’s outcome will determine the sequencing, integration, and commercialisation strategy for gold and tungsten resources at Mt Mulgine.
