W Resources PLC La Parrilla Update and Mine Blast (8225X)
May 02 2019 - 1:00AM
UK Regulatory
TIDMWRES
RNS Number : 8225X
W Resources PLC
02 May 2019
2 May 2019
W Resources Plc
("W" or the "Company")
La Parrilla Update and Mine Blast
W Resources Plc (AIM:WRES), the tungsten, copper and gold
exploration and development company with assets in Spain and
Portugal, is pleased to announce that the first T2 blast at La
Parrilla Tungsten project in Spain shot successfully on 30 April
2019 at 13.30 CET. (https://youtu.be/rtxNUMrESH0)
The explosive blast covered a mainly barren zone to prepare
access to the 10m benches closer to the ROM Pad and Crusher Plant
in the Fast Track Mine area, and continues to open up directly
accessible ore to the mine operation. Ore mined to-date has been
free-dig or from the early blast area.
The immediate priority at La Parrilla is to complete the
commissioning of the Jig & Mill Plant which is underway in
parallel with the completion of the large-scale Concentrator
Plant.
Michael Masterman, Chairman of W Resources said: "The first T2
mine blast at La Parrilla is a significant event for W Resources
and kicks-off the commencement of hard rock mining operations. The
explosive blast was completed successfully with the highest level
of safety and supervision. The ore will be mined at low-cost using
a truck and shovel operation and transported via the newly
constructed ramp to the new 350 tonne per hour Crusher Plant where
it will be crushed and then fed to the newly constructed Jig and
Mill Plant as part of the commissioning process."
The information communicated within this announcement is deemed
to constitute inside information as stipulated under the Market
Abuse Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
Enquiries:
W Resources Plc Grant Thornton UK LLP
Michael Masterman Colin Aaronson / Seamus Fricker
T: +44 (0) 20 7193 7463 T: +44 (0) 20 7383 5100
www.wresources.com
Turner Pope Investments (TPI) Ltd Gable Communications
Andy Thacker Justine James
T: +44 (0) 203 621 4120 T: +44 (0) 20 7193 7463
www.turnerpope.com M: +44 (0) 7525 324431
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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