King Island Scheelite Limited
King Island Scheelite Limited "KIS" is an Australian Securities Exchange (ASX) listed company focussed on the exploration, development and production of tungsten deposits. It's initial focus is on Tasmania, and specifcally on the significant resource located on King Island.
Its redevelopment of the original King Island Scheelite Mine is being carried out through the Dolphin Joint Venture (DJV) with joint venture partner Hunan Nonferrous Metals Corporation Limited (HNC). This resource comprises 8,576,000mtu (contained WO3) and its proposed redevelopment involves substantially extending the original pit to create a mine with a seven year mining life and mill facility with an eleven year processing life and annual production of approximately 3,000 t of W03 in concentrate.