This study presents the results of an investigation that characterises the thermophysical properties of an investment casting mould, comprising of a Zirconium dioxide/Cobalt aluminate prime slurry and a fused Silica/fibre reinforced backup slurry. Growing prevalence of successful computer simulations within the foundry industry enables defects that emerge during the casting process to become increasingly predictable, providing cost-effective alternatives to trial castings. The viability of these simulations as predictors is heavily dependent upon the facilitation of accurate material property data, as attained through this investigation. Differential scanning calorimetry (DSC) and laser flash analysis (LFA) were utilized to determine the specific heat capacity and thermal diffusivity, respectively. These values, in combination with the material density and linear coefficient of thermal expansion, have been used to determine the thermal conductivity of the mould. With the aim of verifying these parameters, initial studies in Flow-3D® simulation software have been performed to determine the constraints needed to reduce variability in simulation parameters. Due to the diversity of casting moulds used throughout the industry, ensuring the material database is kept as comprehensively populated as possible is a crucial undertaking.