Covas Tungsten Project in Blackheath Guarantee of 70% of The Interest

 
 

The project covers an area of ​​19.96 square kilometers Covas tungsten . Tungsten ore generally occurs in the area called skarn ring. About 60 % of the skarn ring is untested and geophysical program has begun testing intellectual property in these areas as well as large porphyry skarn tungsten prospects in the center of the ring . The purpose of the program is to help identify new drill targets , as well as the known history of the adjacent high-grade resources , the phasing out of the goal. Data collection may also be displayed skarn mineralization is much larger than the volume has been mapped on the surface.

"We are very pleased to now have earned a 70% stake in the past produced Covas Tungsten Project ," James Robertson , president of Blackheath Resources Inc. President and CEO said. "With the assistance of the IP survey , Blackstone 's technical team has started to develop strategies for the Covas our Phase 3 drilling activities are expected to start next month ."

Covas is a past producing open pit and shallow underground tungsten mine , and in the history of the property remaining resources are estimated at 922,900 tons in 1980 , 0.78% tungsten trioxide ( tungsten trioxide ) by Union Carbide, based on the work including property 329 drill holes . Mineralization open to expansion . Tungsten prices increased significantly in recent years , is now about 36 yuan kg containing tungsten trioxide . The Cobas property is located in Porto , about 100 km north of Portugal 's second largest city .


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