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An Australian company is looking for tungsten on Conservation Department land near Reefton on the West Coast.
Auzex Resources has entered a joint venture with New Zealand Minerals over tenements held by subsidiary Auzex Resources NZ on the West Coast, including the Kirwans tungsten prospect about 15km from Reefton.
Auzex investor relations manager Brett O'Donovan told today's Dominion Post there was a "good chance of drilling at the prospect for tungsten, within six weeks."
An application has been made to the Conservation Department for an initial diamond drill programme, with hopes it will be done in May.
- NZPA