JOHANNESBURG (miningweekly.com) – Aim-listed W Resources has been granted a two-year licence extension for exploration at Tarouca, near its Régua project, in Portugal, paving the way for a new drilling campaign.
Tarouca is about 20 km from Régua and has the potential to enhance and expand the Régua development, W Resources chairperson Michael Masterman said on Wednesday.
The company is planning a 15-hole, 1 500 m reverse circulation drilling campaign at Tarcoula during the two-year extension period to March 23, 2019. This will be consolidated with prior exploration in 2014, which entailed a 15-hole programme.
In 2015, trench sampling at the Tarouca project showed high-grade tungsten results with 15 out of 126 samples exceeding 0.5% WO3, including 0.8 m at 11.4% WO3.
"While the development focus is on La Parrilla in Spain and Régua in Portugal, the drilling campaign at Tarouca will help us to further delineate the resource with a view to increasing our overall tungsten resource and production base," said Masterman.