{"id":3853,"title":"Production Commences at La Parrilla for W Resources Plc","publisher":"Share Talk","author":"sharetalk","published":"2016-09-23T10:25:43+00:00","modified":"2017-11-05T14:59:08+00:00","canonical_url":"https://www.share-talk.com/production-commences-at-la-parrilla-for-w-resources-plc/","markdown_url":"https://www.share-talk.com/production-commences-at-la-parrilla-for-w-resources-plc.md","json_url":"https://www.share-talk.com/production-commences-at-la-parrilla-for-w-resources-plc.json","category":"Mining","categories":["Mining"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"W Resources Plc (AIM:WRES), the tungsten, copper and gold, production, exploration and development company with assets in Spain and Portugal, is pleased to announce that tungsten concentrate production has successfully commenced at the La Parrilla mine in Spain ahead of schedule.\n\nProduction of tungsten and, subsequently, tin concentrate is expected to ramp-up over the next 6 months to reach a run rate of 400 tonnes per annum (‘tpa’) in early Q2 2017.\n\nThe new crusher with capacity of 1.95 ROM will be installed early in 2017, significantly reducing unit operating costs and increasing capacity. \n\nPlant engineering and procurement to expand the plant to 2,500 tpa (1.95 mtpa ROM) by mid-2017 is advanced and equipment finance is now planned for both the crusher and the jig and mill procurement packages. Discussions in respect of financing are advancing well, in line with tight specification of vendor supply packages.\n\nMichael Masterman, Chairman of W Resources commented: “It is a great milestone to see a smooth plant start-up and first tungsten concentrate production. While there could be many ramp-up challenges over the coming months, we have a skilled and committed team in place to increase production and lay the groundwork for a substantial increase in production in 2017”.\n\nMichael Masterman will be presenting at the MiningMaven Gold & Tungsten focused Investor Evening on Thursday 22 September 2016. The presentation will be held at The Cote Brasserie, 26 Ludgate Hill, St Pauls, London, EC4 from 6.00pm to 9.00pm.\n\nIf you would like to attend, please register with MiningMaven: [https://www.eventbrite.co.uk/e/opportunities-in-tungsten-gold-thor-mining-w-resources-metal-tiger-registration-26698979366.](http://wresources.us13.list-manage2.com/track/click?u=6c010775bb34ccdaf6b8f8c43&id=3b2be95642&e=f8b3c84575)\n\n![w-res-2](https://www.share-talk.com/wp-content/uploads/2016/09/w-res-2-169x300.jpg)\n\n![Linking Shareholders and Executives :Share Talk](https://www.share-talk.com/img/logo.jpg)"}