W Resources PLC (LON:WRES)

W Resources PLC (LON:WRES)


Share Price
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W Resources PLC RNS Release

La Parrilla Update and Mine Blast


RNS Number : 8225X
W Resources PLC
02 May 2019
 

 

 

 

 

 

 

 

2 May 2019

 

W Resources Plc

("W" or the "Company")

 

La Parrilla Update and Mine Blast

W Resources Plc (AIM:WRES), the tungsten, copper and gold exploration and development company with assets in Spain and Portugal, is pleased to announce that the first T2 blast at La Parrilla Tungsten project in Spain shot successfully on 30 April 2019 at 13.30 CET. (https://youtu.be/rtxNUMrESH0)

 

The explosive blast covered a mainly barren zone to prepare access to the 10m benches closer to the ROM Pad and Crusher Plant in the Fast Track Mine area, and continues to open up directly accessible ore to the mine operation. Ore mined to-date has been free-dig or from the early blast area.

 

The immediate priority at La Parrilla is to complete the commissioning of the Jig & Mill Plant which is underway in parallel with the completion of the large-scale Concentrator Plant.

 

Michael Masterman, Chairman of W Resources said: "The first T2 mine blast at La Parrilla is a significant event for W Resources and kicks-off the commencement of hard rock mining operations. The explosive blast was completed successfully with the highest level of safety and supervision. The ore will be mined at low-cost using a truck and shovel operation and transported via the newly constructed ramp to the new 350 tonne per hour Crusher Plant where it will be crushed and then fed to the newly constructed Jig and Mill Plant as part of the commissioning process."

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

Enquiries:

W Resources Plc

Grant Thornton UK LLP

Michael Masterman

Colin Aaronson / Seamus Fricker

T: +44 (0) 20 7193 7463

T: +44 (0) 20 7383 5100

www.wresources.com


Turner Pope Investments (TPI) Ltd

Gable Communications

Andy Thacker

Justine James

T: +44 (0) 203 621 4120

T: +44 (0) 20 7193 7463

www.turnerpope.com

M: +44 (0) 7525 324431

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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