- W Resources has completed the final stage of its infill diamond drilling programme at its La Parrilla Fast Track Mine (FTM) in Spain.

The rig has now been moved to the highly prospective La Parrilla West with the objective of defining a second and potentially materially higher grade open pittable resource.

La Parrilla Mine currently has an Australasian Joint Ore Reserves Committee (JORC) Inferred Resource of 46.92 Mt at 0.09% Tungsten Trioxide (WO3).

The diamond core drilling for this area has now been completed and initial mining is planned to commence at the "grandmother's house" area located adjacent to the existing open pit during 2016.

Grade control drilling using a reverse circulation or air core rig will commence in Q315. Initial grades from the first four of 12 holes are in line with expectations, with some significant intersections including:

· 11.26 metres at 0.170% WO3 from 66m in hole IP-15

· 16.50 metres at 0.128% WO3 from 74.5m in hole IP-16

· 17.49 metres at 0.126% WO3 from 48m in hole IP-13

· 7.53 metres at 0.108% WO3 and 0.149 % Sn from 74.1m in hole IP-13

· 17.80 metres at 0.093% WO3 and 0.115% Sn from 98.55m in hole IP-16

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