The company, in its results statement for 2018, noted several key milestones for what was a busy and eventful year at La Parilla.
In December, the company delivered its first tungsten shipment from the mine.
Importantly during the year the company sealed offtake agreements to sell its product, for around 80% of the planned production tonnage in the project’s second phase.
"La Parrilla is funded and near project completion,” said Michael Masterman, W Resources chief executive.
“The project is on budget with tungsten and tin production and sales. The project is set to move to large scale production levels at low cost in the third quarter following construction completion of the new concentrator plant this quarter.
“This will allow W Resources to deliver a progressive increase in production in the third and fourth quarters of 2019.”
W Resources reported a £4.05mln loss for the year, and, ended December with £6.08mln.