W Resources PLC Investor Presentation - September 2016 (6724K)

TIDMWRES

RNS Number : 6724K

W Resources PLC

23 September 2016

W Resources Plc

("W" or the "Company")

Investor Presentation - September 2016

W Resources Plc (AIM:WRES), the tungsten, copper and gold mining, exploration and development company with assets in Spain and Portugal, has lodged an updated Investor Presentation on the Company's website.

Highlights

   --      Commencement of tungsten concentrate production at La Parrilla in Spain

-- La Parrilla has unique combination of very low unit capital costs and low operating costs of US$81/mtu over the first 6 years of production

   --      Low-cost, high-grade development of Régua planned 
   --      Gold and copper assets advancing

The Investor presentation is available on W's website at the following link: http://www.wresources.co.uk/

Enquiries:

 
W Resources Plc               Grant Thornton UK LLP 
 Michael Masterman             Colin Aaronson / Jen 
 T: +44 (0) 20 7193 7463       Clarke / Harrison Clarke 
 www.wresources.co.uk          T: +44 (0) 20 7383 5100 
SI Capital -Broker            Gable Communications 
 Andy Thacker / Nick Emerson   Justine James 
 T: +44 (0) 1483 413500        T: +44 (0) 20 7193 7463 
 www.sicapital.co.uk           M: +44 (0) 7525 324431

About W

In 2012, W Resources Plc (AIM:WRES) made the successful transition into a tungsten production exploration and development company with projects in Spain and Portugal, following two acquisitions.

Projects include La Parrilla, a tungsten project in Spain and Régua and Tarouca Tungsten projects and the CAA/Portalegre copper-gold project in Portugal.

The Company's deposits and tungsten mine developments offer a low cost, high margin resource development opportunity due to a strong market following for Tungsten, increased trading and a forecast shortage of supply.

The Board is focused to explore further opportunities in the region with a view to building a mid-tier minor metal producer.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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