W Resources completes RC drilling at Tarouca licence in Portugal

30 April 2018 (Last Updated April 30th, 2018 12:04)

Tungsten, copper and gold exploration and development firm W Resources has completed a reverse circulation (RC) drilling campaign at its Tarouca tungsten and tin exploration licence in Portugal.

Tungsten, copper and gold exploration and development firm W Resources has completed a reverse circulation (RC) drilling campaign at its Tarouca tungsten and tin exploration licence in Portugal.

The one-month-long drilling campaign involved the drilling of 29 holes through 1,515m of drilling works, which were completed in lengths between 50m and 70m.

The company expects intersections from the surface to a maximum depth of 50m, based on the surface’s very distinctive mineralisation properties.

"The RC drilling programme was completed in order to confirm the target exploration area, as well as provide a more in-depth understanding on several high-grade skarn lenses."

W Resources chairman Michael Masterman said: “The RC drilling programme was completed in order to confirm the target exploration area, as well as provide a more in-depth understanding on several high-grade skarn lenses with a complex geological history (discontinuous mineralised bodies).

“Tarouca is located just 20km from Régua and we believe it has the potential to enhance and expand the Régua development.”

W Resources is expected to reveal the full assay results during the third quarter of this year.

The company’s development team will subsequently model the mineralised lenses in an effort to advance a geological resource at the Tarouca licence.

A diamond core drilling programme was previously conducted at Tarouca in 2014, which intersected high-grade mineralisation.

W Resources owns the Tarouca exploration licence via its wholly owned subsidiary Iberian Resources Portugal (IRP).

The Tarouca licence comprises the former Tarouca tungsten mines along with other tungsten and / or tin deposits covering a total area of 48km².

IRP originally secured the licence in March 2012 and a two-year extension was awarded in September last year.