King Island Scheelite Limited

King Island Scheelite Limited

ASX listed King Island Scheelite (KIS) is focused on the redevelopment of its 100% owned Dolphin Tungsten Mine on located on King Island, Tasmania.

Welcome to King Island Scheelite

King Island is the most western large island in the Bass Strait, located between Victoria and Tasmania. The Dolphin Project is situated on the south east coast of the island, near the mining town of Grassy.

The Dolphin Tungsten Mine operated between 1917 and 1992, when it was closed due to extremely low tungsten prices, rather than a lack of reserves.

Over the last few years, KIS has concentrated on optimising a redevelopment strategy for the Dolphin Tungsten Project, which contains a JORC 2012 compliant Mineral Reserves of 3.14Mt at a grade of 0.73% WO3 (at 0.2% cut-off).

Mineral Resources, including the Mineral Reserves, total 9.6Mt at a grade of 0.90% WO3 (at 0.2% cut-off).

The current development plan envisages an 8-year open cut mine producing a concentrate for supply into the Ammonium Paratungstate market.

About The Company
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Dolphin Project

The Dolphin Project is located near the town of Grassy on the south east coast of King Island, the most western large island in the  Bass Strait. Grassy has historically been a mining town, developed to service the Dolphin Mine which produced Scheelite, a form of Tungsten, up until 1992.

King Island has a population of approximately 1,200 people. It is heavily developed for beef and dairy farming and has a large kelp harvesting industry. The main commercial centre is Currie, located on the west coast of the island and approximately 25km by road from the mining and port town of Grassy.

Projects