High flying W Resources this morning revealed it had secured ‘time critical’ financing to move forward with the La Parilla tungsten tailings project.

The AIM quoted firm, which has gained as much as 350% this month, is issuing 122mln new shares at 0.7p per share, raising £858,500.

Chairman Michael Masterman is among the investors in the placing. He has subscribed for 14.2mln new shares for a total investment of £100,000.

Last week the La Parrilla tailings project was signed off by the authorities in Spain and the company said first tungsten production would come later this year.

W Resources will process 330,000 tonnes of material each year to produce 28,000 tonnes of tungsten and 26 tonnes of tin. This is expected to generate around €7 million per year revenue, at current prices.

The company’s shares were also boosted this week by positive drill results on Monday, which showed tungsten grades three times higher than previous results.

A JORC compliant resource update is expected later this year, in the second quarter.

On AIM today W Resources shares were up 0.14p, or 11%, trading at 1.35p.

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Northcliff Resources (NCF-T) has shone a spotlight on its Sisson tungsten-molybdenum project in New Brunswick with a feasibility study yesterday confirming it could economically mine the deposit for 27 years, sending its shares climbing.

Raw materials are in the headlines again, and it's not for rising costs this time. Instead, electronic companies are scrambling to meet the January 31 Securities & Exchange Commission deadline for reporting on "conflict minerals" -- gold, tin, tantalum, and tungsten -- that have entered the supply chain.

It isn't as simple as filling out a quick form and forgetting about it; most companies lack the information, processes, and technology needed to adhere to the new SEC reporting standard. Compliance won't be easy or cheap. According to Deloitte, "The SEC has estimated it will cost U.S. businesses between $3 billion and $4 billion to implement processes to comply with "the rule."

Right now, affected companies are asking suppliers these seemingly basic questions:

    Do you provide our company with any products manufactured with tin, tantalum, tungsten, gold, or any other conflict minerals?

    If so, do you source any raw materials from the Democratic Republic of the Congo or surrounding regions?

Yet, the answers are nearly impossible to find. At the heart of the problem is supplier relationship management 101. Companies have relied, for too long, on incomplete supplier data that is scattered throughout various ERP and SRM tools -- or worse, hidden away in filing cabinets. Coupled with Tier-1 and Tier-2 suppliers thousands of miles away, the biggest tech companies are disconnected from what's really going on throughout the supply chain.

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Colt Resources Inc. ("Colt" or the "Company") is pleased to announce that it has received positive metallurgical results from testwork performed on representative samples taken from the Tabuaço Tungsten Project (São Pedro das Águias), as well as results for eleven holes from its exploration drilling campaign at the nearby Tabuaço-Aveleira gap, Aveleira and Quinta targets, all located in the Armamar‐Meda concession in northern Portugal.  Colt is awaiting final approval for the "Tabuaço" Trial Mining License, expected to be granted later in Q1, 2013, which will include the deposits reported to date together with the surrounding area believed to host the most significant upside potential.

As part of its ongoing efforts to advance the Tabuaço deposit towards production, the Company had previously submitted a 522 kilogram representative sample of metallurgical drill core to a Chinese metallurgical services provider for process testing. A final report of this investigation has been issued by the Chinese metallurgical services provider, demonstrating a process flowsheet that includes flotation followed by acid leaching achieved 87.2% overall tungsten recovery into a final concentrate containing 70.65% WO3 from an ore sample containing 0.64% WO3. The Company is very pleased with the results of this test work as it demonstrates a high tungsten recovery, by world standards, into a premium grade scheelite concentrate. The Company plans to conduct pilot mill testing on approximately 20 metric tons of ore from Tabuaço later this year. The Company also intends to investigate further the potential production of fluorite concentrate as a possible by-product from the deposit.

Nikolas Perrault , President and CEO of Colt, stated, "These final metallurgical test results further demonstrate the potential to develop a successful tungsten mining operation at Tabuaço.  Our work to complete a preliminary economic assessment (PEA) has commenced and we intend to conclude this work during the second quarter. Discussions are currently ongoing and advancing as we continue our efforts to identify a suitable joint venture partner for Tabuaço so as to deliver on our promise to focus on our gold projects while maintaining the full benefits of part ownership of a solid revenue generating asset with lots of blue-sky."

Mr. Perrault continued, "Our exploration work designed to test the upside potential of this area continues to yield positive results.  Our geological team has identified several zones of mineralization based on mapping and geochemistry and these results confirm that our predictive model is robust".

Colt is pleased to announce the following results from our ongoing exploration drill program to test extensions of the previously reported resources at the Tabuaço and Aveleira deposits.

Drilling Summary:

Holes DHT-79, -80, -81, -86 and -87 were all drilled at the Aveleira skarn tungsten deposit, first discovered by Colt through drilling in February 2012.  DHT-79 was drilled 64 metres East-Northeast (down-slope) from mineralized hole DHT-71. It only intersected the Lower skarn horizon, while the Main (Upper) skarn horizon is believed to have been eroded away at this low topographic level.  Vertical holes DHT-80 and -81 were collared as to test depth extensions into the mountain West-Southwest of the first line of holes drilled at Aveleira, namely at around 70 to 85 metres from mineralized holes DHT-53, -70 and -71 respectively. Both holes DHT-80 and -81 intersected mineralized horizons.  Inclined holes DHT-86 and DHT-87 were drilled in order to target skarn mineralization occurring in the intervals between DHT-70/DHT-81 and DHT-71/DHT-85 respectively. Both holes intersected mineralization, as shown above in Table 1.

With these holes, Colt has mostly outlined the lateral limits of the Aveleira deposit, which seems therefore not to extend much at depth into the mountain. Future drilling at Aveleira will therefore consist essentially of infill grid drilling in order to allow outlining of an indicated resource.

Holes DHT-77, 78 and 88 were all drilled in the Gap between Tabuaço (São Pedro das Águias) and Aveleira skarn tungsten deposits, where Colt first discovered concealed tungsten skarns through drilling in July 2012.  DHT-77 was drilled roughly half-way between mineralized hole DHT-75 and barren hole DHT-73, having confirmed a further 60m northerly extension of the mineralization previously intersected by DHT-75. Drill hole DHT-78 was positioned 80m due South from DHT-72 (the discovery hole in the Gap) having confirmed a southerly extension of the Gap skarns to as close as 40m with regards to the São Pedro das Águias resource area.  DHT-88 was drilled a further 80 metres NW of DHT-83, and proved to be the best mineralized hole drilled thus far in the Gap, with two distinct and well separated, thick and richly mineralized skarn horizons, much like at the São Pedro das Águias deposit and the best portions of the Aveleira deposit.

The skarn tungsten mineralization found by Colt in the Gap between the São Pedro das Águias and Aveleira deposits, and tested so far by a total of seven diamond drill holes (five mineralized and two barren), extends for a Northwest-Southeast strike extent of 275 metres, and a yet unknown lateral (down-dip) extent into the mountain and underneath the outcropping granite. The fact that the last (North westernmost) hole drilled in this zone turned out to be the best mineralized hole leaves open good potential for finding further significant mineralization, once drilling is resumed to test the Northwest extent of this skarn zone. This untested area comprises the >300 metre zone between DHT-88 and the Aveleira deposit.

Holes DHQ-01, -02 and -03 were drilled at the Quintã zone NW of the Aveleira deposit, to test for depth extents of the skarn tungsten mineralization previously mapped and sampled on outcrop at the southern slope beneath the Quintã village. All these three holes were collared on the same approximate location, at around 225 metres NNW of the Quintã skarn tungsten outcrop, however were drilled with distinct orientations.  DHQ-01 (-45o) aimed at the Quintã skarn outcrop with a bearing of N160o, but it failed to intersect thick and well mineralized skarns as shown in the outcrop, but rather a number of narrower skarn horizons.  DHQ-02 (-45o) was oriented to bearing N200o, in order to test a possible westerly deviation of the skarn from the Quintã outcrop; in fact it had two skarn intercepts but with modest grades (<0.2% WO3).  DHQ-03 (vertical) again intersected a number of narrow and poorly mineralized skarn horizons.

This first drilling ever carried out at Quintã therefore failed to confirm a significant depth extension of the thick and rich skarn tungsten outcrop into the mountain. The acquired drilling and surface data will need to be re-assessed in order to guide future exploration drilling, perhaps closer to the outcrop and/or further to the West underneath the granite.

Results from DHT-88 show that the discovery area is not closed off to the north-west and initial results of drilling suggest the potential for mineralization to extend beyond the previous reported resource area (Press Release - September 5, 2012).  Drilling down-dip is also planned to test the contact relationship between the mineralized skarns and the granite located to the south-west of Tabuaço (São Pedro das Águias).

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Twelve Chinese Zodiac is an important part of Chinese traditional culture. The 12 animals are from nature. The snake is the one of Zodiac.

Now is the snake year, then a snake tungsten ring will make you look more fashion.

This is designed to offer a collection of premium jewellery exclusively for men. Alternative ranges which create both individual and classic styles that can stand the test of time.

“Snake Back” TUNGSTEN MENS WEDDING RING

Men Jewellery 8mm wide tungsten carbide ring in wedding band style. Carbon Fiber inlay in the middle. Comfort fit - designed with a rounded inside so they slide on easier and stay on the finger more comfortably. Characterized by the cool metallic silver tone.
Tungsten carbide is highly scratch resistant and is hypo-allergenic.

Measurement: 8mm 

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Siburan Resources’ drilling activities at the Kirwan Hill tungsten and gold project in New Zealand is proceeding according to schedule as it enters a period of active exploration.

“Our investments over the last 2 years are now coming to fruition in the form of our drilling activities in New Zealand,” managing director Noel Ong said.

He added that in some parts, drilling conditions are better than expected.

“Weather conditions are currently favourable and we hopeful we will complete our goals this exploration season.”

The company is currently carrying out a 1,200 metre diamond drilling program at Kirwan Hill to confirm the grade and continuity of the tungsten mineralisation.

Most of this will be focused on the Kirwan Hill Prospect.

Drilling of the KHDD004 hole has been completed and the core logged and samples despatched to laboratories.

Assay results are expected within four to six weeks. Siburan is currently drilling hole KHDD005.

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W Resources, the tungsten and gold exploration and development company, announces the latest update on drilling at its La Parrilla tungsten project, located in southwest Spain, in which it has an exclusive option to purchase a 100% interest.

Drilling of the extension of the La Parrilla ore body is now complete, drill re sults are being progressively received and W expects to complete the compilation of a new JORC compliant resource estimate in the second quarter of 2013.

Assay results have been confirmed for core Holes 7, 8 and 9 of the extended La Parrilla drilling programme. Key highlights include 8 metres at 0.29% Tungsten Trioxide (WO3) in hole 9, three times the average grade of the current La Parrilla resource in hole 9. Holes 7, 8 and 9 were drilled to final depths of

200.0m, 200.0m and 250.50m and are located 640m, 470m and 200m, respectively, to the northwest of the main ore body and continue the series of strong results from the extension drilling programme.

Chairman of W, Michael Masterman, commented: "The Board continues to be encouraged by the results on the extension drilling programme, with the process of further delineating a more significant increase in both the grade and tonnage of the resource at La Parrilla nearing completion. Drilling has been completed on budget and on schedule and we expect positive results from the re-estimation of the resources incorporating these results.

With the final approval for the La Parrilla tailings project granted by the Mining Department of the regional authority of the Junta de Extremadura, (announced 22 January) the Company is making good progress towards first production in H2 2013.

W has completed 11 holes on its drilling programme with assays received on holes 1-9.

The weighted average grades have been calculated for intersections through mineralised envelopes defined by quartz veining an d no cut off grade has been used.

About La Parrilla

The La Parrilla project site is situated in the Extremadura region of southwest Spain, in the Provinces of Caceres- Badajoz, approximately 310 km southwest of Madrid. The site is accessed directly from the highway along a 3km asphalt road and is serviced by electricity and water. The project comprises a tungsten mine and a tungsten tailings project. The historic mine resource estimated by SRK in 2008 is 36.0m tonnes at 0.09% WO3, making it one of the largest tungsten deposits in the western world.

The technical design of the La Parrilla tailings project has now been finalised and the final approval has been granted by the Mining Department of the regional authority of the Junta de Extremadura. Annual plant feed will be 330,000 tonnes and annual production is anticipated to be 28,000 MTU Tungsten (W) and 26 tonnes Tin (Sn), which will deliver over €7million per annum in revenue at current tungsten and tin prices. The tailings project is expected to be in production in H2 2013.

The price of tungsten has increased rapidly over the last 3 years by more than double. The La Parrilla tailings deposit and tungsten mine development offer a low cost, high margin resource development opportunity for W Resources.

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Cadillac Ventures (CVE:CDC) has agreed to sell its New Alger property in Cadillac Township, Quebec to Renforth Resources in a cash and share deal.

Under the terms of the agreement, Cadillac will get $20,000 in cash and 2.0 million common shares of Renforth at the time of signing, as well as another $210,000 in cash by June 15 of this year, and $250,000 in cash by November 15, 2013.

Cadillac will also retain a 1% net smelter return royalty on the property. No other details on the transaction were provided in the statement on Tuesday.

The company has recently turned its focus to the former Burnt Hill tungsten mine in New Brunswick – a property on which the company expects to restart development for little cost.

Late in November, the Toronto-based company announced that it resumed exploration on the property, which covers more than 125 square kilometres and has NI 43-101 compliant tungsten, tin and molybdenum resources.

Historical work on the mine dates back to the early part of last century, but new showings have since been discovered, in particular for tin, which will be tested this year.

Cadillac’s CEO, Norman Brewster, has been himself involved with the mine since the 1970s, when he was hired as a consultant by then-owner – Canadian International Paper – to assess whether the mine could be put back into production economically.

After some ownership changes, Cadillac Ventures now holds a 51 per cent interest in the Burnt Hill project, with Noront Resources holding the remainder. Brewster did some twinning of historical holes on the property, as well as some other diamond drilling to pull together the latest NI 43-101 resource estimate from 2009.

The phase 1 ground exploration program at the property will target the Tin Hill, Burnt Hill Brook Area, the Burnt Hill Mine Area, and the 2 1/2 Mile Brook Area, with two prospecting crews currently in the field.

Cadillac has just raised $1.2 million under a recent financing to fund exploration, and plans to raise more funds this year.

Burnt Hill currently holds 461,000 tonnes of total NI 43-101 compliant underground and open pit resources in the indicated category, grading 0.489% tungsten and 0.01% tin. The inferred category holds a total of 590,000 tonnes, grading 0.535% tungsten and 0.013% tin.

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North American Tungsten‘s stock had its “speculative buy” rating restated by equities researchers at Jennings Capital in a report issued on Tuesday. They currently have a $0.30 target price on the stock.

Separately, analysts at Paradigm Capital cut their price target on shares of North American Tungsten from $0.50 to $0.40 in a research note to investors on Tuesday.

North American Tungsten Corporation Ltd (NATC) is engaged in tungsten mining and related activities, which includes the acquisition, exploration, development and processing of ores and concentrates.

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Canada's bulk-tonnage Sisson mine could become the largest tungsten producer outside China

VANCOUVER, Jan. 29, 2013 - Northcliff Resources Ltd. ("Northcliff" or the "Company") announces completion of a positive Feasibility Study for its 100%-owned Sisson Project ("Sisson") located in New Brunswick ("NB"), Canada, confirming the long-life open pit tungsten and molybdenum development as a technically and economically robust project.

Undertaken by Samuel Engineering, Inc. of Denver, Colorado, the Sisson Project Feasibility Study reports a pre-tax net present value ("NPV") of $714 million at an 8% discount rate, an internal rate of return ("IRR") of 20.4% and a 4.1-