Dolphin Tungsten (W)

Royalty and Terms:  1.5% GRR royalty
Operator:  Visit Group 6 Metals for more information
Primary Commodity: Tungsten
Location: King Island, Australia
Reserves and Resources:
  • Proven and probable reserves of 40 kt WO3 (4.4 Mt @ 0.92% WO3 )
  • Measured and indicated resources (exclusive of reserves) of 50 kt WO3 (5.2 Mt @ 0.88% WO3 )
Production:
  • LOM Avg.: 233 Kmtu WO3

Catalysts:

  • Completion of the processing plant, tailing storage facility, and open pit mine; first concentrate on target for Q2 2023
  • Ramp-up to full production; Years 1-7 set for open-cut mine producing 400ktpa yielding an average of 240,000 mtu of WO3

More details in the 2023 Asset Handbook

 

Source: Company disclosure and Osisko management estimates.