The Watershed mine is a large open pit mine located about 160 km northwest of Cairns on Cape York Peninsula in Far North Queensland, Australia. Watershed represents one of the largest tungsten reserves in Australia having estimated reserves of 15.1 million tonnes of ore grading 0.46% tungsten.[1]
| Location | |
|---|---|
| Location | 35 km northwest of Mount Carbine |
| Queensland | |
| Country | Australia |
| Production | |
| Products | Tungsten |
| Owner | |
| Company | Vital Metals |
The mine is owned by Vital Metals who acquired the project in 2005.[2] Watershed was Vital Metals flagship project. At time of its acquisition, the site had yet to complete is pre-feasibility study.[3] Development of the site has proceeded with the assistance of the Japan Oil, Gas and Metals National Corporation.
In September 2013, the mine was eventually granted permission to proceed from the Queensland Department of Environment and Heritage Protection.[4]
Access to the mine is via a track leading off the Peninsula Developmental Road.[2] Or from the mine will be trucked to Brisbane and exported to Japan, the US and Korea.[5]
In May 2018, Vital announced the sale of Watershed to Tungsten Mining NL for $15 million cash.[6]
Geology
editThe deposit is located amongst metamorphosed sediments of the Hodgkinson Formation.[2] Tungsten is found along a 3,000 m stretch of scheelite.
See also
edit
References
edit- ^ "Tungsten deposits" (PDF). masangroup.com. 2012. Retrieved 5 July 2013.
- ^ a b c "North Queensland". Vital Metals. Retrieved 21 September 2013.
- ^ "Watershed moments for Vital and Pan Australian". The Age. Fairfax Media. 7 November 2005. Retrieved 21 September 2013.
- ^ Malavika Santhebennur (6 September 2013). "$100m tungsten project gets green light". Australian Mining. Retrieved 21 September 2013.
- ^ Nick Dalton (6 September 2013). "Company doubles workforce for $100m tungsten mine". cairns.com.au. News Digital Media. Retrieved 21 September 2013.
- ^ Quinn, Michael (2 May 2018). "Watershed moment for Vital as project sold to Tungsten Mining". www.miningnews.net. Retrieved 5 May 2023.
External links
edit- Watershed Deposit Summary Report
- Watershed
- Vital Metals Watershed Project, Department of Environment and Heritage Protection