High-grade Tungsten at Tarouca, São Martinho and Azeiteiros Update
The AIM-listed firm said its 1,515 metre Reserve Circulation (RC) drilling campaign at its Tarouca Tungsten and tin exploration licence has identified very high tungsten grade intersections
With the RC drilling campaign completed at Tarouca, the RC rig has successfully completed 2,000 metres of drilling at the São Martinho gold deposit in Central Portugal. Assay results for São Martinho are expected in the September quarter.
Very high-grade tungsten grades have been reported at Tarouca, the gold extension Reverse Circulation (“RC”) drilling programme at São Martinho is now complete in the CAA license and the RC drilling rig has been mobilised to drill the large copper anomalies at Azeiteiros in the Monforte-Tinoca property.
The RC rig has now been mobilised to the Azeiteiros copper mine and target anomalies, where a 2,000 metre RC drilling campaign will be completed through June and July, which will cap-off a very active advanced exploration programme across the tungsten, gold and copper targets.
Tarouca tungsten and tin exploration licence is a former scheelite mine covering 5.7km².
Michael Masterman, Chairman of W Resources commented: “We have intersected some very high-grade tungsten zones at Tarouca and are increasingly confident that this project can provide additional high-grade feed to our Régua mine development, just 20km to the north. The results provide greater clarity on the geological structure and the potential to follow grade extensions. Work will shortly commence on a resource estimate and planning for a trial mine application.
“Our advanced tungsten, gold and copper exploration programme is in full swing and we look forward to advancing São Martinho, the completion of the drilling at Azeiteiros and the target copper anomalies being identified later this year.”
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