The Dolphin
Tungsten Project:

Under construction, funded and fully permitted, high grade and low-cost in a supportive Tier-1 jurisdiction, with a clear pathway to near-term production.

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Pathway to Production

Group 6 Metals (ASX: G6M) is forging ahead with the redevelopment of the historic Dolphin Tungsten Mine, on King Island, Tasmania which has been closed since 1992. The ASX-listed company has commenced construction of the mine and is on schedule to start production in the first quarter of 2023.

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Highlights

NEAR TERM PRODUCER

Construction has commenced with first tungsten concentrate expected in early 2023.

LONG MINE LIFE WITH SUBSTANTIAL UPSIDE

Current project life of 14 years with significant potential for expansion at nearby Bold Head and additional exploration leases.

STRATEGIC CRITICAL MINERAL

Tungsten has been identified as a strategic critical mineral with strong fundamentals for sustained growth.

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ROBUST PROJECT ECONOMICS

Revised Feasibility Study in December 2020 delivered an NPV of A$241m with capex of A$73m and cash operating costs of A$126/mtu WO3 with operating margin based on APT prices of ~A$195/mtu.

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“The first three haul truck drivers trained at our Dolphin #Tungsten Mine are Tikki Denby, Kathleen Hunter and Rowie Murcott,” $G6M general manager Chas Murcott said.

📰 Women take big wheel; Mine Milestones reached | Covered by the King Island Courier.
@Group6Metals

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