Update From Barruecopardo

Oct. 25, 2011 08:11PM PST

IBTimes reported Ormonde Mining (AIM:ORM,ISX:ORQ)provided an update on the ongoing feasibility study at its Barruecopardo tungsten project in Spain.

As quoted in the market news,

Work completed on the feasibility study to date is extremely positive with a very material increase in Indicated Resources and consequently a 60% increase in projected annual tungsten production leading to a substantial revision upwards in cash flow forecasts.

Click here to read the full IBTimes report.

tungsten production