Tungsten drives up Hazelwood shares

SHARES in Hazelwood Resources jumped nearly 23% yesterday after the company announced high tungsten grades from drill samples taken at its Big Hill prospect at Cookes Creek in Western Australia.

Hazelwood emerged from a trading halt today to release the latest drill results from the project, reporting near surface intercepts of 39m at 0.26% tungsten oxide, including 6m at 1.