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W Resources' Portuguese portfolio developing, with high-grade tungsten-tin at Tarouca

W Resources PLC (LON:WRES) chairman Michael Masterman updates Proactive Investors on the company’s portfolio of tungsten, tin, gold and copper projects in Portugal, which complement its flagship La Parrilla tungsten mine in Spain.

The exploration and development company just announced high-grade intersections from 2,000 metres of RC drilling at the Tarouca tungsten-tin project.

Masterman comments, “We’ve got now a much better sense of how the geology of this deposit fits together.”

The company is seeking to add the Tarouca resource to its development plans for Régua, which is slated for tungsten production in 2019.

Quick facts: W Resources PLC

Price: 0.314 GBX

Market: AIM
Market Cap: £20.03 m

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