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W Resources secures land access to advance Régua tungsten project in Portugal

W Resources Plc said Feb. 27 that it secured all approvals, including land access, for the first development stage of its Régua tungsten project in Portugal.

The company secured the land access through the acquisition of the 20.3 hectares of land, covering the main area of Régua, for about €300,000.

The acquired area covers the outcropping resource of the Régua deposit along with the trial mine facilities, including the portals and the underground projected stopes.

W Resources estimates a trial mine startup cost of about €2.5 million for Régua.