- W Resources reported high-grade intersections from recent drilling at its Regua mine development in Northern Portugal.

The company said it had completed over 2.73 km of drilling comprised of 916 metres of diamond core drilling plus 1,809 metres of RC drilling.

The results confirmed thick higher grade zones closer to the planned mine portals chosen for initial mining operations, including 29 metres at 0.75% WO3 from hole RGR015 and 6 metres at 0.43% WO3 from hole RGR020.

The next phase would be to complete the updated resource estimates and mine optimisation planning to incorporate the new results, which were expected to increase plant feed grades in the planned initial mining phase.

At 9:20am: [LON:WRES] W Resources PLC share price was +0.02p at 0.48p

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