16th Dec 2015 14:49
LONDON (Alliance News) - W Resources PLC Wednesday said that it has seen strong assay results from its ongoing drilling campaign at the La Parilla fast track mine in Spain.
This included 11.0 metres at 0.20% tungsten trioxide from a debt of 29.0 metres in hole IRC1-35.
"The latest set of assay results continue to deliver strong grades. The geological modelling is now well advanced and the updated JORC compliant mineral resource estimate remains on track Q1 2016," said Chairman Michael Masterman in a statement.
Shares in W Resources were up 22% at 0.560 pence Wednesday afternoon.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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