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W Resources

  • BY: Andrew Hore |
  • POSTED: 19/03/2013 |

W Resources has revealed positive exploration results for the Tarouca tungsten and tin project in Portugal.

There have been some high grade discoveries. More than 8% of the total samples assayed more than 1% WO3. There are three mineralised trends but their full extent is not known yet. In the next quarter, there will be samplings of old workings and mineralised outcrops.

The La Parrilla tungsten project is the core interest but Tarouca could be a good additional interest. Tarouca produced more than 600 tonnes of concentrated tungsten ore between 1963 and 1984.

At 1.11p a share, W Resources is valued at £19.5m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFMarch2013_42.pdf

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