Malaysian-owned Taiton uncovers overlooked tungsten potential at Australia's Kingsgate
KUALA LUMPUR: Taiton Resources Ltd, partly owned by Malaysian investors is uncovering fresh mineral potential at its Kingsgate project in New South Wales, Australia, after a review of decades-old exploration data revealed previously overlooked tungsten and antimony mineralisation alongside gold.
Taiton Resources Ltd, a Malaysian-owned company, has discovered new potential for tungsten and antimony mineralization at its Kingsgate project in New South Wales, Australia. The company's review of historical exploration data revealed previously overlooked tungsten and antimony mineralization alongside gold, which had been largely ignored during earlier exploration efforts.
Taiton's executive director, David Low, said the findings indicate that Kingsgate is more than a molybdenum-bismuth project and that tungsten could provide additional exposure to commodities currently experiencing strong market interest. The company plans to resample historical drill cores and conduct targeted soil and rock-chip sampling to further investigate the historically underexplored tungsten system at Kingsgate.
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