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BRIEF-Tungsten Mining Executes Agreement With GWR Group Ltd

Published 03/06/2019, 08:52 am
Updated 03/06/2019, 09:00 am
© Reuters.  BRIEF-Tungsten Mining Executes Agreement With GWR Group Ltd

June 3 (Reuters) - Tungsten Mining Nl TGN.AX :

* EXECUTED AN AGREEMENT WITH GWR GROUP LIMITED TO FARM-IN TO HATCHES CREEK TUNGSTEN PROJECT FOR $1.7 MILLION

* TUNGSTEN MINING-CAN INCREASE STAKE IN PROJECT TO 51% BY EXPENDITURE OF $3 MILLION ON EXPLORATION, DEVELOPMENT & MINING ACTIVITIES WITHIN 5 YEARS

* TUNGSTEN MINING HAS AN OPTION TO ACQUIRE GWR'S REMAINING INTEREST FOR $7 MILLION

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