Source - RNS
RNS Number : 6724K
W Resources PLC
23 September 2016
 

 

 

 

 

 

 

 

 

23 September 2016

 

 

 

 

W Resources Plc

("W" or the "Company")

 

 

Investor Presentation - September 2016

 

W Resources Plc (AIM:WRES), the tungsten, copper and gold mining, exploration and development company with assets in Spain and Portugal, has lodged an updated Investor Presentation on the Company's website.

 

Highlights

·      Commencement of tungsten concentrate production at La Parrilla in Spain

·      La Parrilla has unique combination of very low unit capital costs and low operating costs of US$81/mtu over the first 6 years of production

·      Low-cost, high-grade development of Régua planned

·      Gold and copper assets advancing

 

The Investor presentation is available on W's website at the following link: http://www.wresources.co.uk/

Enquiries:

W Resources Plc

Michael Masterman

T: +44 (0) 20 7193 7463

www.wresources.co.uk

Grant Thornton UK LLP

Colin Aaronson / Jen Clarke / Harrison Clarke

T: +44 (0) 20 7383 5100

SI Capital -Broker

Andy Thacker / Nick Emerson

T: +44 (0) 1483 413500

www.sicapital.co.uk

Gable Communications

Justine James

T: +44 (0) 20 7193 7463

M: +44 (0) 7525 324431

 

About W

In 2012, W Resources Plc (AIM:WRES) made the successful transition into a tungsten production exploration and development company with projects in Spain and Portugal, following two acquisitions.

Projects include La Parrilla, a tungsten project in Spain and Régua and Tarouca Tungsten projects and the CAA/Portalegre copper-gold project in Portugal. 

The Company's deposits and tungsten mine developments offer a low cost, high margin resource development opportunity due to a strong market following for Tungsten, increased trading and a forecast shortage of supply.

The Board is focused to explore further opportunities in the region with a view to building a mid-tier minor metal producer.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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