Blackheath Resources (TSXV:BHR) CEO James Robertson spoke to Resource Investing News at the Canadian Investor Conference in Vancouver about the Company’s sole focus on tungsten in Portugal, with the Covas and Borralha projects. In addition to these two mines, Blackheath has also acquired other past-producing mines in Portugal. Mr. Robertson says, “Portugal used to produce most of Europe’s tungsten historically, and we’re looking to see if we can reaffirm that position in Europe again with our current projects.”
Blackheath Resources Inc. (TSXV: BHR) is a mining exploration and development company that is advancing the past-producing Covas tungsten project in northern Portugal. Based on 329 diamond core holes, historic resources, not compliant with NI 43-101, see Projects, Covas Project) on the property have been estimated at 922,900 tonnes of 0.78 per cent WO3 (tungsten trioxide) and mineralization is open to expansion. Blackheath also recently acquired options for 100% interests in the past-producing Borralha tungsten project and the past-producing Bejanca tungsten/tin project, both located in northern Portugal. The objectives of the company are to explore and develop the properties for tungsten, tin and possibly gold production and to seek additional opportunities for acquisition and expansion in Portugal.
Get Our Expert Guide to Tungsten Investing FREE!Download this FREE Special Report, Investing in Tungsten: Tungsten Price, Tungsten Demand and Tungsten Companies at a Glance.