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W Resources continues to advance ramp-up activities at La Parrilla

The miner said all components at its concentrator plant at the site had now been commissioned and over five tonnes of tungsten concentrate had been produced and is due to be purified next week

W Resources PLC - W Resources continues to advance ramp-up activities at La Parrilla
The La Parrilla mine is located in Spain

W Resources PLC (LON:WRES) is continuing to advance commissioning and ramp-up activities at its La Parrilla mine in Spain.

The tungsten, tin and gold miner said all components at its concentrator plant at the site had now been commissioned and over five tonnes of tungsten concentrate had been produced and is due to be purified with tin separated next week.

READ: W Resources reports first ore fed to La Parrilla concentrator plant

Tungsten concentrate production for the T2 phase at the project will be underway over November, while the company 2.5 tonne stock of tin concentrate will be built up to 10 tonnes prior to shipment.

The company added that it was in the final stages of agreeing finance facilities and additional investment from local Spanish investors and was currently in a closed period, while the company’s chairman Michael Masterman, is expected to invest in the company at 0.5p per share once the closed period ends.

Quick facts: W Resources PLC

Price: 0.3 GBX

AIM:WRES
Market: AIM
Market Cap: £19.47 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

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