extract..." WATCH: W Resources secures US$35mln loan with BlackRock to fully fund La Parrilla
The group said the BlackRock financing and subsequent €5.3mln grant by the Junta de Extremadura Government has underpinned the development of W's flagship project La Parrilla in Spain as it heads into production in early first-quarter 2019.
W Resources added that the subsequent placing enables the group to accelerate development on its Portuguese projects, in particular at the Régua and Tarouca Tungsten projects in Northern Portugal and also consider other significant entry stage metal opportunities.
It said Régua will be prepared for trial mining through 2018 as key approvals and land access are now securely in place.
Jannic · Mon 9 Apr 2018 8:15AM
extract..." WATCH: W Resources secures US$35mln loan with BlackRock to fully fund La Parrilla
The group said the BlackRock financing and subsequent €5.3mln grant by the Junta de Extremadura Government has underpinned the development of W's flagship project La Parrilla in Spain as it heads into production in early first-quarter 2019.
W Resources added that the subsequent placing enables the group to accelerate development on its Portuguese projects, in particular at the Régua and Tarouca Tungsten projects in Northern Portugal and also consider other significant entry stage metal opportunities.
It said Régua will be prepared for trial mining through 2018 as key approvals and land access are now securely in place.