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W Resources unveils 'very competitive' La Parrilla maiden reserves

Michael Masterman, chairman of W Resources PLC (LON:WRES) talks through their maiden statement of ore reserves at the La Parrilla tungsten/tin mine in Spain.

Based on the reserves of  29.7mln tonnes (mt) at 931 parts per million (ppm) tungsten trioxide (WO3) and 116 ppm tin (Sn), La Parrilla will have an eleven year mine life initially producing 2mln tpa (million tonnes per year) and rising to 3.5mtpa in 2020.

 

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