- W Resources announces some exceptional results at its Sao Martinho Gold project in Portugal.

SMD-009 results have confirmed a very thick gold intersection of 56.4m at 2.34 grams per tonne (g/t) from the very shallow depth of 2.6m.

The thickness of the intersection bodes well for an increase in the size of the ore deposit and the potential to mine ore at low cost given the shallow nature of the zone.

New results from Holes 5-9 and an upgrade from further sampling of Hole 4 have yielded very positive results:

- SMD-009 was the highlight with a wide zone of 55.6m at 2.34g/t from 2.5m with an additional deeper zone of 3.55m at 1.69g/t Au from 194.95m identified

- Infill sampling of hole SMD-004 significantly improved the results with thicker intersections

- Hole SMD-007 reported two gold bearing zones with a shallow zone at 18-20m and a deeper zone at 104m

- In addition to these first assay results visual gold has been picked up in holes SMD-010 and SMD-011.

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