First production from La Parrilla

14 April 2014

W Resources Plc

("W" or the "Company")

First Production from La Parrilla Tailings Plant

W Resources Plc (AIM:WRES), a tungsten and gold exploration and development company with assets in Spain and Portugal, announces initial production of tungsten concentrate from its La Parrilla Tailings project, following completion of the testing and commissioning of the pre-concentration and concentration plants.

Testing of the pre-concentration plant has confirmed its capability to produce sufficient material to meet the concentration plant input capacity, and stockpiles have been built up in advance.

The operations team are in the process of adjusting the different items of equipment in the concentration plant in order to achieve the forecast quality and quantity of the concentrate and to optimise production capacity.

It is anticipated to take another three to six weeks to fine tune operation of the concentrate plant and then steadily bring it up to full production rates.

Ongoing discussions with customers are progressing well and initial sample testwork is underway.

Chairman of W Resources, Michael Masterman commented: "We are delighted to have delivered our first production of tungsten concentrate at La Parrilla and look forward to ramping up the plant to full production in the coming weeks".

A photo story-board featuring the tailings production process at La Parrilla in Spain is available on the Company website www.wresources.co.uk 

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About La Parrilla

The La Parrilla project site is situated in the Extremadura region of southwest Spain, in the Provinces of Caceres-Badajoz, approximately 310 km southwest of Madrid. The site is accessed directly from the highway along a 3 km asphalt road and is serviced by electricity and water. The project comprises a tungsten mine and a tungsten tailings project. The historic mine resource estimated by SRK in 2008 is 36.0 million tonnes at 0.09% WO3, making it one of the largest tungsten deposits in the western world.

Annual plant feed will be c330,000 tonnes and annual production is anticipated to be 28,000 MTU Tungsten (W) and 26 tonnes Tin (Sn), which will deliver over €7million per annum in revenue at current tungsten and tin prices.

Technical information in this report and on the W website has been prepared in accordance with the JORC Code and approved for inclusion by Mr Fernando de la Fuente, who is a "qualified person" in respect of the AIM Rules for Companies with over 39 years' experience in the Exploration and Mining Geology industry. Mr de la Fuente holds a B.Sc. in Geology and a MSc in Geology from the University of Granada in Spain. He is also a member of the Spanish College of Geologists (Number 49), the Spanish Society of Mineralogy, founder member of the Spanish Society of Geology, member of the Spanish Association of Applied Geology to Mineral Deposits, member of the Society for Mining, Metallurgy and Exploration, Inc., member of PDAC.