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.

Current Share Price

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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On site at our Dolphin Tungsten Project, our GM Chas Murcott speaks with Processing Manager Alvin Johns about construction underway at the main process building — where tungsten concentrate will dressed, dried and bagged for export following production commencement.

#G6M

Group 6 Metals (#ASX: G6M) awarded exploration grants totalling $75,000 by the Tasmanian State Government through its Exploration Drilling Grant Initiative
https://mining.com.au/group-6-metals-nets-tasmanian-exploration-grant-to-help-drill-dolphin-tungsten-mine/
#mining @Group6Metals

We're pleased to provide investors with the latest video update showing construction activities underway at our Dolphin Tungsten Mine on King Island, Tasmania.

The below drone flyover shows the progress on site as we advance towards first concentrate production in Q1 2023.

#G6M

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