W Resources has completed the latest round of infill drilling at its La Parilla tungsten project in Spain.
The results from the drilling will feed into an updated resource and initial reserve for La Parilla which is due for release towards the end of the year.
That in turn will form the basis for the initiation of mining, due in 2016.
The company already has some production from the reprocessing of mine waste from old workings.
Among the better intersections returned from the first four holes were 11.26 metres at 0.17% tungsten trioxide (WO3), 16.5 metres at 0.128% WO3, and 17.49 metres at 0.126% WO3.
W Resources chairman Michael Masterman also highlighted the high levels of tin coming from some of the holes which, he said, “bodes well for tin concentrate production.”
The drill rig has now moved to the adjacent La Parilla West area of the W Resources license.
The plan is to drill between two and four holes here in the hope that something along the lines of the previously reported intersection of 32 metres at 0.55% WO3 can be achieved.
More broadly the plan is to define an initial mine pit target in what the company called “a large and highly prospective area”.
“We are looking to add a second higher grade open pit,” said Masterman.