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Oz junior's new Spanish tungsten inquisition

Rafaella Resources has optioned the Santa Comba tungsten-tin project in north-western Spain for scrip, and has flagged a A$2.6 million capital raising to support studies into the development of a project that has offtake and debt financing and critical mining licences in place, and funders willing to pay a premium to support the junior.

Haydn Black
Rafaella Resources believes it can start tungsten mining in the near-term

Rafaella Resources believes it can start tungsten mining in the near-term

The company, which listed on the Australian bourse last year, has agreed to secure Galicia Tin & Tungsten from venture capital fund Starboard Global (75%) and Spain's Ulex Resources(25%) for 17.5 million...

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