Régua has a current Australasian Joint Ore Reserves Committee compliant mineral resource of 4.47 million tonnes (“mt”) at a grade of 0.27% tungsten trioxide (“WO3“), with an indicated resource of 3.74mt at a grade of 0.28% WO3.
The Mine is on-track targeting first ore, following the commencement of operations in 2020. Régua will be a low-cost mine as W is able to utilise existing adits. This will increase W Resources tungsten production profile to over 3,800 tpa.
Golder Associates Pty Ltd – Mineral Resource Statement – January 2020