La Parrilla

La Parrilla is a large scale, long life Tungsten and Tin Mine.

Commodity

Tungsten trioxide and tin

Ownership

100% W Resources, acquired 2013

Mine Type

Mining licence. Open pit mine initially

Project Background

The project has an Australasian Joint Ore Reserves Committee (“JORC”) compliant resources total 49 million tonnes (“mt”) at a grade of 998 parts per million (“ppm”) tungsten trioxide (“WO3“) and JORC compliant reserves of 29.8mt at a diluted grade of 931ppm WO3.

The site is accessed directly from the highway along a 3km asphalt road and is serviced by electricity and water. Importantly, the mine is located within a short trucking distance from both the Atlantic and Mediterranean ports.

Key Milestones

  • JORC Resource upgrade completed with Maiden JORC Reserves, further underpinning the strong fundamentals of La Parrilla
  • Financial Investment Decision Report reaffirmed the project as a large, long life, low-cost tungsten and tin mine
  • Grant of €5.3m from Extremadura Regional Government to W’s 100% owned subsidiary, Iberian Resources Spain SL in March 2018
  • Offtake agreements secured  with European and US customers

Highlights

Location

Provinces of Caceres-Badajoz in the Extremadura region of southwest Spain approximately 310km southwest of Madrid
La Parrilla - location map
La Parrilla location map

Reserves

CategoryTonnes '000Grade WO3 (ppm)Metal Content WO3 (t)Grade Sn (ppm)Metal Content Sn (t)
Proven1,1779951,171251295
Provable28,57792826,5111113,156
Total29,75493127,6831163,451

Financial & Technical

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