Tungsten Mining (ASX: TGN) has hit the trading halt button disclosing it will go to the market for a capital raising.
The halt will last until trading on Friday, 28 March 2014.
The company is looking to produce a Definitive Feasibility Study and mine commitment decision over its Kilba Project
by 3Q 2014.
The high-grade project in Western Australia fully permitted and should benefit from the tungsten price.
The company is also known to be running a ruler over other tungsten projects both in Australia and overseas.
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