... "Mega’s geological framework has verified that all 17 drill holes have continued to intersect broad intervals of significant Gold and Tungsten concentrations in the form of a mineral called Scheelite. The current program has increased the overall gold- equivalent grade by an average of 32% with smaller intercepts increasing up to 198%. Collectively these Tungsten results continue to demonstrate the potential for an economic by-product credit due to the consistent nature of the Gold/Tungsten association throughout the Twin Lakes Deposit." ...
... "As a point of reference, a grade of 0.10% Tungsten equates to 1 kg of Tungsten per tonne. The current average January spot price of tungsten is $50.30/kg. Current Tungsten-only mines have resource grades between 0.06% and 1.1% Tungsten with the average being ~0.49% Tungstenhttp://www.itia.info/minerals-deposits.html" ...