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Precious Metals
Project Update3 Aug 2026, 02:21 pm

Deccan Gold Reports High-Grade Tungsten-Tin Results from Spain

AI Summary

Deccan Gold Mines Ltd. announced encouraging drill results from its Logrosan Tungsten Project in Spain. Every completed drill hole at the Dehesa target intersected potentially economic tungsten or tungsten-tin mineralization. The latest campaign of seven diamond drill holes, covering nearly 3,000 meters, confirmed high-grade tungsten mineralization, with highlights including 1.21% WO₃ at 535 meters in drill hole LDD017 and 0.88% WO₃ at 470 meters in drill hole LDD016. The widest mineralized interval was 7.5 meters grading 0.29% WO₃. These results indicate a broad hydrothermal system extending over an approximately 3-kilometer trend, suggesting the potential for a much larger tungsten-tin system at depth. This strengthens Deccan Gold's strategy of building a globally diversified critical minerals portfolio and enhances the long-term exploration potential of the Logrosan Project, which is part of a strategic investment in Spain to acquire a majority interest in Logrosan Minera S.L.

Key Highlights

  • Every drill hole at Dehesa target shows economic tungsten/tungsten-tin mineralization.
  • High-grade assays confirm significant tungsten mineralization in Spain.
  • Results reinforce district-scale potential and critical minerals strategy.
  • Exploration continues, with additional assay results expected soon.