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High Grade Tungsten Mineralization Zone Discovered In Taroko Project, Tungsten Resources, UK
Tungsten Resources of the United Kingdom recently stated that its advanced exploration project in Portugal has progressed smoothly. The Taroka Project has discovered a very high-grade tungsten mineralization zone and will be Réguamine, which is only 20 kilometers north of the project. Development provides additional high-grade raw materials.
It is understood that the British Tungsten Resources Company has discovered a high-grade tungsten mineralization belt in the 1,515-meter reserve cyclic drilling conducted by the Tarotka tungsten-tin project. The one-month RC drilling program includes 29 drill holes with a total length of 1515m and a finished length between 50m and 70m. Based on the unique mineralisation on the surface, the maximum depth from the surface to the surface is 50 meters. The company expects to have a complete test result in the third quarter. The next step will be resource modeling in order to prepare trial mine applications later this year, and follow-up will begin to apply for resource estimates and planning for the pilot mines.
“The Reserve Recycling Drilling Program has been completed to confirm the target exploration area and provide a deeper understanding of several high-grade skarn lenses with a complex geological history (discontinuous mineralization).” Michael Masterman, Chairman, Tungsten Resources, UK "Taroca is 20 kilometers away from the Rui Valley and we believe it is possible to enhance and expand the development of the Rui Valley." Ruigu Mine is a high-grade tungsten mine. The estimated resources of the Joint Ore Reserve Committee are 5.46 million tons and the tungsten content is 0.28%. The mine will start production in 2019 (the tungsten potential is 3,800 tons/year).
The company said that the reserve recycling drilling rig has successfully completed 2,000 meters of drilling at the Sao Martinhogold deposit in central Portugal. The results of the study provide a clearer understanding of the geological structure and also provide the possibility for future grade expansion. In addition, reserve-recycling drilling rigs have now been mobilized to the Azeiteiroscoppermine and target anomalies, and the company will complete a 2000-meter reserve-recycling drilling campaign in June and July.