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W Resources posts positive Portugal drilling results

Fri, 18th Nov 2016 12:34

(ShareCast News) - Iberian Peninsula-focused tungsten, copper and gold mining, production, exploration and development company W Resources announced initial results of the first hole from the 1,500 metre diamond core drilling campaign that commenced in mid-September at the São Martinho Gold Deposit in Portugal on Friday.The AIM-traded firm said a total of nine of holes have been drilled so far, and the first assay results concluded - from the first hole SMD-04 - that it intersected significant gold mineralisation in 6 levels including 2m at 4.2g/t and 2m at 7.6g/t.It said the hole was planned to confirm the upper mineralised section from a previous high-grade intercept drilled in the early 1990s by Portuglobal, and to investigate the deeper parts of the gold system which were not drilled previously.Both objectives were fully achieved, and the shallow section - although narrower - correlates well with that in hole POR-96-2 and a new high-grade deeper zone that may potentially increase the resource basis with additional drilling.In addition to the first assay results, W said visual gold was picked up in holes SMD-10 and SMD-11."The results from the first hole at São Martinho are a great start with good grades at multiple levels from the relatively shallow 4.2 g/t Au at a downhole depth of around 33m to the deeper results," said chairman Michael Masterman."The pick-up of visual gold in subsequent holes 10 and 11 together with these first results bodes well for a very successful program."Our objective is to step out and significantly expand the size of the JORC gold resource which currently sits at over 110,000 oz."
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18 Sep 2018 13:39

W Resources Discovers Tungsten Intersections At Regua Mine Development

LONDON (Alliance News) - W Resources PLC said Tuesday it discovered high-grade tungsten intersections at its Regua mine development in northern Portugal.Among the highlights of the reverse

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17 Sep 2018 14:24

W Resources adds more experience to board

(Sharecast News) - Tungsten, copper and gold mining company W Resources announced the appointment of Pablo Neira and James Argalas as non-executive directors, who were joining the board with immediate effect.

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17 Sep 2018 13:09

W Resources Appoints Two New Non-Executive Directors

LONDON (Alliance News) - Miner W Resources PLC said Monday it appointed Pablo Neira and James Argalas as non-executive directors, with immediate effect.Neira currently does not hold any to

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13 Sep 2018 11:01

W Resources Pleased With Progress Being Made At La Parrilla Mine

LONDON (Alliance News) - Miner W Resources PLC said Thursday expenditure at the La Parrilla mine is coming in under budget after a "great few months" at the site.La Parrilla, a is

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10 Sep 2018 12:27

W Resources Half Year Loss Significantly Widens On Foreign Exchange

LONDON (Alliance News) - Spain and Portugal-focused mining company W Resources PLC on Monday recorded a substantial widening of its loss in the first half of the year, due largely to a loss on and

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1 Jun 2018 11:26

W Resources Loss Narrows As It Focuses On Spanish Tungsten Mine

LONDON (Alliance News) - W Resources PLC said Friday its loss for 2017 narrowed as it progresses work on the completion of its Spanish tungsten mine.The exploration company reported a loss

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1 May 2018 14:14

W Resources Commences Drilling Campaign At Portuguese Gold Project

LONDON (Alliance News) - Tungsten, copper and gold exploration company W Resources PLC said Tuesday that it has started a new drilling campaign at the Sao Martinho gold project in Portugal to the

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26 Apr 2018 13:13

W Resources Completes Drilling Campaign At Tarouca License In Portugal

LONDON (Alliance News) - W Resources PLC on Thursday said it has completed a reverse circulation drilling programme at its Tarouca tungsten and tin exploration licence in Portugal.The said

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3 Apr 2018 12:57

W Resources Commences Earthworks At La Parrilla Mine In Spain

LONDON (Alliance News) - Tungsten, copper and gold mining company W Resources PLC said on Tuesday it has started earthworks at the La Parrilla mine in and has started its team

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28 Mar 2018 14:00

W Resources Awarded EUR5.3 Million Grant For La Parrilla Project

LONDON (Alliance News) - W Resources PLC said on Wednesday its wholly-owned subsidiary, Iberian Resources Spain SL, has been awarded a grant of EUR5.3 million -

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17 Jan 2017 16:46

W Resources releases 'exceptional' results from Sao Martinho

(ShareCast News) - Tungsten, copper and gold mining, production, exploration and development company W Resources announced some "exceptional results" at its São Martinho Gold project in Portugal on Tuesday. The AIM-traded firm said the SMD-009 results confirmed a very thick gold intersection of 56.4

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1 Nov 2016 14:48

W Resources raises £1m in placing

(ShareCast News) - Iberian Peninsula-focused tungsten, copper and gold, production, exploration and development company W Resources announced on Tuesday it has completed a placement of 192,307,693 ordinary shares of 0.1p per share at 0.52p per ordinary share to raise £1m before expenses, to new and

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19 Oct 2016 09:19

W Resources confirms first shipment from La Parrilla

(ShareCast News) - Spain and Portugal focused tungsten, copper and gold, production, exploration and development company W Resources confirmed the first shipment of tungsten concentrate since plant start-up at La Parrilla, Spain in September on Wednesday. The AIM-traded firm said it was also W's fir

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19 Oct 2016 07:49

W Resources Says Tungsten Shipments Start From La Parrilla Mine

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