69 1. Kaalbeen Tungsten Mine ▪ A historically significant tungsten producer in the Northern Cape and 12km from Blesberg ▪ Contains scheelite tungsten mineralisation grading 2-3% WO3 ▪ Historic production achieved 10 tpa to 12 tpa of tungsten concentrate of grades of 74% ▪ Potential to develop untapped veins extending beyond historical workings 2. Isis Tungsten Mine ▪ Located 10km west of Blesberg; mined previously with reported grades of 2.46% WO3 ▪ Potential for shallow open-pit mining and tailings retreatment ▪ Mineralisation extends across a 3km zone with associated tantalitebearing pegmatites 3. Koubank Tungsten Deposit ▪ Situated 6km from Blesberg, hosting low-grade but extensive surface tungsten mineralisation ▪ Includes several satellite deposits such as Koubank III, with scheelite and molybdenite occurrences ▪ Potentially open-ended at depth with trenching and exploratory data supporting sizeable tonnage Known Tungsten deposits on NCLT acreage KEY NCLT MINES AND PROJECTS 4. Kaalbeen West Tungsten Deposit ▪ An unmined deposit 2.3km northwest of Kaalbeen Mine ▪ Hosts tungsten-bearing veins up to 7m thick over a 1km² area, suggesting a potentially significant tonnage of mineralisation
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