Blackheath Resources (BHR.V) is taking another step forward at its Borralha tungsten project in Portugal as it has announced it has engaged Mineralia to conduct environmental and scoping studies at the project. Mineralia is the company which has optioned the Borralha project to Blackheath and is led by Adriano Barros, a well-respected man on the Portuguese mining scene.

Blackheath will conduct further drilling at Borralha’s Santa Helena breccia and this should result in a maiden NI43-101 resource estimate on the property. That should be the basis for the internal scoping study and the official Preliminary Economic Analysis.

According to Mineralia, the Borralha tungsten project could ‘move quite quickly towards production’ so we are looking forward to see some sort of production and cost estimates to determine the value of Borralha.

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Disclosure: The author holds a long position in Blackheath Resources. Blackheath is a sponsor of the website. Please see our disclaimer for current positions.


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