Positive preliminary tungsten and tin results at Spain project
DECNGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.9 pts more than its Non - Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Eight maiden drill holes totaling 3,522 metres at the Dehesa target in Spain all intersected potentially economic tungsten or tungsten-tin mineralisation. A preliminary model indicates more than 2.3 million tonnes containing over 2,000 tonnes of WO3 and 500 tonnes of SnO2. Three Maria holes intersected antimony over 820 metres, with assays pending. La Brujas drilling is planned for November or December. Size and economics remain unconfirmed.
Positive for Deccan Gold's exploration prospects, but the estimates are preliminary and may not support near-term production or earnings.