
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.
Price Impact
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