28th Feb 2014 13:41
LONDON (Alliance News) - W Resources PLC Friday said it will start testing and commissioning at its La Parrilla Tailings Project in southwest Spain next week after it completed construction of the concentration plant.
The construction of the site was delayed due to the delivery of some equipment.
The tungsten and gold exploration and development company said all equipment is now on site and it will target first tungsten production after tests have been completed.
"It has been a sterling effort by the team to get the plant complete and we have had to grapple with some final equipment delivery delays, which is of course frustrating," Chairman Micheal Masterman said in a statement.
The stock was trading at 0.923 pence Friday afternoon, up 0.093 pence or 11%.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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