Welcome to King Island Scheelite
King Island Scheelite Limited "KIS" is an Australian Securities Exchange (ASX) listed company focussed on the exploration, development and production of tungsten deposits.
The Dolphin Project is focussed on redeveloping the original scheelite mine on King Island. The resource comprises remnant ore bodies at Dolphin and Bold Head of 11,413,000 tonnes containing 101,300 tonnes of WO3. The initial viable redevelopment plan involves reopening the former underground mine at Dolphin and constructing a processing facility to produce approximately 3,500 tonnes of WO3 concentrate per annum. Once funding is confirmed, production is expected to recommence within 24 months. The potential to reopen the nearby Bold Head mine and incorporate additional down-plunge tonnes at Dolphin will further improve returns.
The company is also exploring for tin, tungsten, copper and gold in the highly mineralised North West of Tasmania.