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W Resources higher as it commences commissioning of jig and mill plant at La Parrilla

W Resources is moving towards the completion of its two million tonne per annum plant

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Michael Masterman on site in Spain

W Resources PLC (LON:WRES) shares were higher on Tuesday as the firm commenced the commissioning of the jig and mill plant at its La Parrilla tungsten project in Spain.

The jig and mill plant will upgrade the La Parrilla ore, efficiently reject barren material, and prepare material for feed to the concentrator plant. The upgraded and milled mine feed will allow for a significant upgrade in production rates.

WATCH: W Resources showcases new La Parilla jig and concentrator in Spain

In parallel, development work on the new large scale concentrator plant has advanced over the last three weeks with 90% of all structural steel and primary equipment now on-site and being installed. The large concentrator plant is scheduled for construction completion this quarter.

The mine is primed for scale-up, with preparatory grade control drilling completed and the ramp from the Fast Track Mine (FTM) area to the crusher plant also completed. The first hard rock blasting of the 10 metre benches in the FTM area is also scheduled for this month.

"The commencement of commissioning the La Parrilla jig and mill plant following construction completion is a very important milestone as we advance to full completion of the two million tonne per annum plant,” said W Resources chairman Michael Masterman.

“We expect to be able to feed crushed ore to the jig and mill plant in late April and then process it through our existing concentrator plant. This will allow a significant increase in near term tungsten and tin production capacity.”

In afternoon trading, shares in W Resources were up 2.8% at 0.55p.

 -- Adds share price --

 

Quick facts: W Resources PLC

Price: 0.315 GBX

AIM:WRES
Market: AIM
Market Cap: £19.58 m
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Investor Update: W Resources updates on first concentrate from La Parrilla...

Headlines from the Proactive UK newsroom. W Resources (LON:WRES) says commissioning and ramp-up activities at La Parrilla are continuing at pace with all components of the Concentrator Plant now commissioned. Over five tonnes of tungsten concentrate has been produced which will be purified...

1 week, 4 days ago

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