Critica Limited has engaged DRA Global to carry out an underground scoping study for its tungsten-tin project in Tasmania, as metal prices rise. The work relates to the company’s Mt Lindsay project, where Critica is assessing how an underground development could potentially unlock more value from the deposit. According to multiple outlets, the study will focus on the scoping level assessment, conducted by the engineering firm, to examine the underground approach and its implications for the project’s prospects. The reports consistently link the decision to the recent increase in tungsten and related metal prices, which the company says improves the economics of exploring further development options. While the coverage does not provide detailed timelines or study outcomes, it indicates that the scoping study is intended to inform next steps for the project. Overall, the announcements centre on the appointment of DRA Global and the initiation of the underground study at the Tasmanian Mt Lindsay tungsten-tin asset in response to stronger market conditions.
Critica appoints DRA Global to scope underground work at Tasmania tungsten-tin project
Critica Limited has engaged DRA Global to carry out an underground scoping study for its tungsten-tin project in Tasmania, as metal prices rise. The work relates to the company’s Mt Lindsay project, w...
- Critica Limited appoints DRA Global to conduct an underground scoping study.
- The study covers Critica’s tungsten-tin project in Tasmania, at Mt Lindsay.
- The decision is made as tungsten/metal prices are surging.
- The scoping study is intended to assess underground development options and potential value.
Critica Limited has tapped engineering giant DRA Global to run an underground scoping study at its Mt Lindsay tungsten-tin project in Tasmania, aiming to unlock value as metal prices surge.
3 months agoCritica Limited has tapped engineering giant DRA Global to run an underground scoping study at its Tasmanian tungsten-tin project as metal prices surge.
3 months agoCritica Limited has tapped engineering giant DRA Global to run an underground scoping study at its Tasmanian tungsten-tin project as metal prices surge.
3 months agoCritica Limited has tapped engineering giant DRA Global to run an underground scoping study at its Tasmanian tungsten-tin project as metal prices surge.
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