Projects
Tungsten Reserve Corp.’s platform is anchored by two past-producing assets in British Columbia: the MAX Molybdenum Mine, and the Jersey Emerald Tungsten Project.
The MAX Molybdenum Mine
British Columbia, Canada
The MAX Project comprises a past-producing molybdenum mine and the MAX Processing Facility, which operated at commercial scale until 2011. The project forms the foundation of Tungsten Reserve Corp.’s restart strategy.
Key Attributes:
Past-producing molybdenum mine (2007–2011) with commercial-scale operations
Historical production of ~2,125 tonnes of molybdenum from ~387,000 tonnes mined
Average production grade of ~0.55% Mo with ~95% recovery, demonstrating strong metallurgical performance
Current Mineral Resource estimate of approximately 29.5 million tonnes at approximately 0.20% Mo in the Measured and Indicated categories, with additional Inferred Mineral Resources
Mineralization defined to depths of ~1,000 metres, indicating significant scale and continuity
The scientific and technical information contained on this website regarding the MAX Moly Property has been reviewed and approved by Greg Z. Mosher, P.Geo., “qualified person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. For full disclosure please visit our cautionary statements page.
The Jersey Emerald Tungsten Project
British Columbia, Canada
Jersey Emerald is a significant tungsten project and was historically one of Canada’s important tungsten-producing mines. The project represents a potential long-term source of tungsten feed for the Tungsten Reserve Corp. platform, subject to completion of the Company’s option agreement and further technical work.
Key Attributes:
Historically producing tungsten project comprising multiple mineralized zones across a large mineralized system
Previously reported 2021 Mineral Resource estimate of approximately 5.6 million pounds WO₃ in the Indicated category and approximately 25.5 million pounds WO₃ in the Inferred category*
Historic production grades of approximately 0.56% to 0.93% WO₃, indicating strong historical ore quality across multiple zones
Seven mineralized zones with limited modern drilling, indicating potential for further evaluation at depth and along strike
Potential to truck mineralized material to the MAX Processing Facility for centralized processing, subject to further technical, economic, permitting and operational review
* Resource figures are presented by category and are based on a historical technical report “NI 43-101 Resource Estimate for the Jersey-Emerald Project” dated September 3, 2021 with an effective date of July 26, 2021 and prepared for Apex Resources Ltd. A copy of the technical report is available under Apex Resources Ltd.’s SEDAR+ profile at www.sedarplus.ca. Indicated and inferred resources should not be treated as a single combined resource estimate. Historical production records indicate approximately 1.6Mt at 0.76% WO₃. A historical 2014 tungsten-focused estimate reported ~0.35% WO₃ blended grade for context only and should not be applied to later contained-metal estimates. Mineral Resources are not Mineral Reserves. Jersey Emerald remains subject to the option agreement and completion of the transactions contemplated therein.
The scientific and technical information contained on this website regarding the Jersey Emerald Project has been reviewed and approved by Linda Caron, P.Eng, “qualified person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. For full disclosure please visit our cautionary statements page.
Locations
Securing the Future of Strategic Metals
Technical Disclosure: Scientific and technical information on this website has been reviewed and approved by qualified persons as defined under NI 43-101. See Cautionary Statements.
© Tungsten Reserve Corp.