Régua

Régua is a significant high-grade tungsten deposit which is scalable at low cost and requires limited capital.

Commodity

Tungsten

Ownership

100% W Resources, acquired 2012

Mine Type

Trial Mining licence. Underground mine

Project Background

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

Development & Key Milestones

Régua’s high ROM grade (at greater than 0.3% WO3) and proximity to a crushing facility are likely to prove beneficial to the project economics.

The Régua deposit remains open at depth and on all sides, with significant potential to boost the resource growth to the northwest including a 10m thick tungsten intersection.

Highlights

  • Scale: 4.47 Mt
  • Cost: TBA
  • Project life: 7-10 years
  • Fast track: 2020

Location

Municipality of Armamar in the Viseu region of North-East Portugal approximately 400km North of Lisbon and 95km East of Porto

Regua location map
Régua location map

Reserves & Resources

Régua JORC Compliant Mineral Resource Estimate (January 2020)

CategoryTonnage
(Mt)
WO3
(%)
Cut-off
(% WO3)
Indicated3.740.280.1
Inferred0.720.210.1
Total4.470.270.1

Financial & Technical

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