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W Resources firing on all cylinders as production ramp up at La Parrilla continues

First tin and tungsten concentrate was produced from La Parrilla late last year

Michael Masterman on site at La Parrilla

W Resources PLC (LON:WRES) is continuing with construction and installation work at the La Parilla project in Spain as part of its ramp up to full production.

The mill is scheduled for mechanical completion later this month. Commissioning is expected to commence in early April, with first crusher ore feed into the plant in April.

WATCH: W Resources makes three more tungsten shipments from its new Spanish mine

The majority of the equipment for the new large-scale concentrator is now on site. With steel deliveries underway, W Resources expects to be able to accelerate construction of the concentrator over the next two months. 

The fully automated 350 tonnes per hour crushing circuit is fully commissioned and operational. It can be run with one operator and has run smoothly at full capacity.

Initial water supply systems and the full Aggreko LNG power plant are in place and operational.

Iberdrola, the Spanish utility company, is on schedule to upgrade the grid power supply to 1.5MW in the second quarter of this year. 

Mine development is advanced. The fast track mine area, including the high-grade outcrops, has been cleared for initial mine operations and the ramp from the mine to the ROM pad nearing completion.

Assets in Portugal

Meanwhile, at Régua in Portugal, development work continues to progress well. Infill drilling of the mine entry portals is now complete and database completion is underway for a review of the resource.

Road construction, mining contractor and contract crushing contract negotiation is advanced and is expected to be finalised in the third quarter of 2019.

At the São Martinho gold deposit in Portugal, SRK Consulting is progressing well with the updated gold resource estimate, which is expected to be finalised in the second quarter of 2019. W Resources has applied for a trial mine licence in order to commence initial mining and production and this will be progressed through the Portuguese regulatory programme.

"It has been an intense first quarter at La Parrilla with plant and infrastructure construction completion and production ramp-up running at a fast pace,” said Michael Masterman, chairman of W Resources. 

“Completion and commissioning of the jig in April will give us the operational capability to expand tungsten and tin production as part of the second stage of plant ramp-up.”


Quick facts: W Resources PLC

Price: 0.265 GBX

Market: AIM
Market Cap: £17.2 m

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W Resources aims for large-scale production after first T2 mine blast at La...

W Resources PLC (LON:WRES) chairman Michael Masterman tells Proactive Investors about the first T2 mine blast at the La Parilla Tungsten Project in western Spain, successfully shot on April 30, 2019.    Masterman said the event was significant for the company and represented...

on 2/5/19

2 min read