Overview Company Information Share Price History Price (p) M Ticker: WRES 2.00 80 Volume Listing: LSE AIM (2004) 1.80 70 Close 1.60 Focus: Tungsten, copper & gold exploration & 60 development 1.40 1.20 50 Projects: La…
W Resources La Parrilla Tailings Tungsten concentrate Tungsten price has more than doubled in past three production started in Q2 2014. 28,000 MTU WO3 years and is in the top 5 critical metals list and 26 tonnes Sn targeting annual…
La Parrilla - Spain La Parrilla project comprises 100% ownership of the La Parrilla tungsten tailings deposit and the La Parrilla open pit tungsten mine Situated in the Extremadura region of southwest Spain, in the Provinces of…
La Parrilla Mine Golder Associates Resource Estimate resulted in a 30% increase in JORC Resources (47 million tonnes at 0.09% WO3 at a 0.04% cut-off grade), making it one of the largest tungsten deposits in the western world The 18…
La Parrilla Area Map of Drilling May 2014 7
La Parrilla Mine Section May 2014 8
La Parrilla Tailings in Production May 2014 9
La Parrilla Tailings Project Tailings tungsten project started in production in April 2014 which is anticipated to deliver over 7 million per annum in revenue at current tungsten and tin prices In 2010 a detailed survey of the coarse…
Iberian Resources Portugal Portfolio strengthened in July 2012 with acquisition of AIO and its subsidiary, Iberian Resources Portugal Recursos Minerais Unipessoal (IRP), bringing 100% ownership of: The high grade Rgua tungsten…
Rgua & Portalegre - Portugal Rgua tungsten permit Located 400km north of Lisbon and 95km east of Porto covering 8km2 Golder Associates Resource Estimate resulted in a 30% increase in JORC resources: Based on results of 34 holes for…
CAA / Portalegre 9.5km Anomaly May 2014 14
Resources & Reserves La Parrilla Tungsten Mine Rgua Tungsten Deposit WO3 Contained Sn Contained Contained Mt Mt WO3 (%) (%) WO3 (mtu) % Sn (t) WO3 (mtu) Inferred 46.92 0.09 3.99 M 0.009 4270 Indicated 2.14 0.367 0.785M Source:…
Certified Product Specification La Parrilla Tailings Certified Product Specification Chemical Analysis Dry Weight % W WO3 Sn As S Fe Ag Ba Bi Cd % % % % % % ppm ppm % % 50 63.05 7.96 1.085 0.91 0.4 1 8.9…
Strategy Focus: Board and management team focused on production and profits from the new La Parrilla tailings facility to fast track evaluation and development of the La Parrilla and Rgua mines, and exploration at the highly…
Tungsten Tungsten is a rare metal that is critical to some key applications with no satisfactory substitutes, due to its strength and resistance to heat Market conditions are attractive for Western tungsten producers as significant…
Tungsten A critical metal scarce as rare earths Tungsten has unique properties and no real substitutes World supply is dominated by China Strongest of all metals and second strongest materials 10 % China 2010 4% after diamonds 69kt…
Board and Management Team Board Michael Masterman Mr Masterman has an exceptional track record in establishing and financing new resources companies. He Chairman is currently CEO of Fortescue Metal Groups majority-owned FMG Iron…
The Opportunity Grown from GBP 4.4 million to GBP 18.3 million market cap in less than 24 months faster to production with significant upside vs listed peers La Parrilla tailings facilities Capital cost 2.1m Target initial…
Appendices La Parrilla Tailings Facilities Overview Pre-concentration Plant Feeder Hopper Pre-concentrate Stockpile Concentrate Plant Spirals Concentration Plant Flotation Cells Tungsten Concentrate Under UV Light May 2014 22
Newsflow Q1 2012 Q2 2013 IRS acquisition delivers La Parrilla Mine and Tungsten projects La Parrilla mine option extension & drilling started at La Parrilla Jan / Apr High grade results from Hole 1, including 36m at 0.35% WO3 AIO /…
News flow Q2 2013 - Present Full title of the La Parrilla mine was transferred to WRES for a total of 2.7m over 3 years 3.5km gold anomaly identified at Portalegre project in Portugal Aug / Sept Exploration programme at Tarouca…
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