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W Resources Plc
Summary
| Project: | CAA/Portalegre | |
|---|---|---|
| Deposit: | Sao Martinho | |
| Location: | Portugal | |
| Commodities: | Gold-Tungsten | |
| Date: | 7/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-7-2018: W Resources Plc announces an Exploration/Drilling Update report for its Sao Martinho deposit at the CAA/Portalegre project. Drilling results incl. 12.0m @ 2.68g/t Au from 9m. W Resources Plc (AIM:WRES), the tungsten, copper and gold exploration | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: José Mario Castelo Branco (Not stated) | |
| ABSTRACT: | W Resources Plc (AIM:WRES), the tungsten, copper and gold exploration and development company with assets in Spain and Portugal, is pleased to report initial assays from its Reverse Circulation ("RC") drilling campaign at its São Martinho gold project in Portugal. Highlights from the first 7 holes of the 15-hole campaign include a 25m intersection at 0.85 grams per tonne (g/t) gold (Au) from 11m including 3.35 g/t Au over 3m.W has now completed 2,000 metres of drilling and the results are being evaluated. Results have been received from 7 holes and the full results will be reported once complete. The objective of the campaign is to extend the current resources outlined, integrating the data from the 2016 diamond drilling results with the expansion expected with this RC campaign. A maiden JORC resource on São Martinho was completed by Golder Associates in June 2016 which confirmed an Indicated Resource estimate of 3Mt at 1.04g/t gold, which equates to 111,987oz in contained gold | |
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