King Island Scheelite Limited (KIS:ASX)
King Island Scheelite Limited is focused on the exploration, development and production of tungsten deposits. The Company is engaged in the development of the King Island scheelite deposit. The Company's Dolphin Project is focused on redeveloping the original scheelite mine on King Island. The King Island Scheelite project is near the town of Grassy, on the south east coast of King Island, an island in Bass Strait. The King Island Scheelite project includes the Dolphin, Bold Head and Tailings deposits. The Company intends to construct a processing plant at the Dolphin Project with annual capacity of approximately 300,000 tons. The mill will produce approximately 3,500 tons of over 65% tungsten concentrate per annum. This product will be shipped to customers in bulka bags inside conventional shipping containers. King Island is positioned mid-way between Victoria and Tasmania. The Dolphin Project Exploration area includes South Bold Head, Bold Head Mine, South Dolphin and West Dolphin.