StockWatch
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Precious Metals
Project Update26 Oct 2026, 12:16 pm

Deccan Gold Reports Promising Tungsten Results in Spain

AI Summary

Deccan Gold Mines Limited has announced encouraging results from its maiden drilling program at the Dehesa tungsten-tin target in Spain. All eight drill holes intersected potentially economic tungsten or tungsten-tin mineralization. Preliminary geological modeling suggests a potential deposit of over 2.3 million tonnes, containing more than 2,000 tonnes of tungsten trioxide (WO₃) and 500 tonnes of tin oxide (SnO₂). The Spanish Government is supporting exploration at the La Brujas tungsten target with up to €250,000 in eligible cost deductions. Further exploration is planned to assess the scale and extent of the deposit.

Key Highlights

  • All 8 drill holes show tungsten/tin mineralization at Logrosán project.
  • Preliminary model indicates over 2.3 million tonnes of mineralized material.
  • Spanish Government provides up to €250,000 for La Brujas tungsten target.
  • Company aims to assess deposit scale and economic potential.
  • Critical minerals focus strengthens international portfolio.