Tarouca

Tarouca tungsten and tin exploration licence is a former scheelite mine covering 5.7km².

Commodity

Tungsten and tin

Ownership

100% W Resources, acquired 2012

Mine Type

Exploration Licence

Project Background

In 2015, trench sampling at the Tarouca project showed high-grade tungsten results with 15 out of 126 samples exceeding 0.5% WO3, including 0.8 m at 11.4% WO3 (TTR063). Together with the 15 holes drilled in 2014, this confirms an outstanding exploration target in the north eastern area of the licence.

Development & Key Milestones

In April 2018, the team carried out a month-long RC drilling programme including 29 holes with 1,515 metres of total drilling, completed in depths of 5 to 70 metres. The Company is working towards consolidating the prior exploration programmes with the latest campaign, which was carried out to provide more in depth understanding of several high-grade skarn lenses with a complex geological history.

Intersections are expected from surface to a maximum of 50-metre depth, based on the very distinctive mineralisation at surface. The full assay results are expected to be received in Q3 2018, following which the development team will model the mineralised lenses in order to advance a geological resource at Tarouca.

The outcome of the drilling campaign at Tarouca will assist to further delineate the resource with a view to increasing our overall tungsten resource and production base.

Tarouca is just 45km from Régua and has the potential to enhance and expand the Régua development.

Location

Municipalities of Castro d’Aire, Lamego and Tarouca in the Viseu region of North-East Portugal approximately 400km North of Lisbon and 75km East of Porto

Regua location map
Régua location map

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