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W Resources Plc
Summary
| Project: | Regua | |
|---|---|---|
| Deposit: | Regua | |
| Location: | Portugal | |
| Commodities: | Tungsten | |
| Date: | 4/1/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-4-2019: W Resources Plc announces an Exploration/Drilling Update report for its Regua deposit at the Regua project. Drilling results incl. 29.00m @ 0.75% WO3 from 48.00m. W Resources Plc (AIM:WRES), the tungsten, copper and gold mining company with asse | |
| Resources: | (Resource, I+I): 5.46Mt @ 0.280% WO3 for 1,528,800 contained WO3 (mtu) | |
| CP/QP: | [Overall Report]: Jose Mario Castelo Branco (Not stated) | |
| ABSTRACT: | W Resources Plc (AIM:WRES), the tungsten, copper and gold mining company with assets in Spain and Portugal, is pleased to report high-grade intersections from recent Diamond Core ("DC") and Reverse Circulation ("RC") drilling at its Régua mine development in Northern Portugal. The Company has completed over 2.73 km of drilling comprised of 916 metres of diamond core drilling plus 1,809 metres of RC drilling. The results confirm thick higher grade zones closer to the planned mine portals chosen for initial mining operations including 29 metres at 0.75% WO3 from hole RGR015 and 6 metres at 0.43% WO3 from hole RGR020. The next phase will be to complete the updated Resource estimates and mine optimisation planning to incorporate these new results which are expected to increase plant feed grades in the planned initial mining phase. | |
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