Rafaella Resources Limited (ASX:RFR) is a global developer and explorer of world-class mineral deposits. Rafaella is currently advancing the development of its wholly-owned Santa Comba tungsten project in Spain. Rafaella also holds the highly prospective McCleery cobalt and copper exploration project in Canada, and the Sandstone gold exploration project in Australia.
Santa Comba is a brownfield project with a 5.1Mt JORC 2012 Compliant near-surface Inferred Resources at 0.203% WO3 and 0.014% Sn and an underground Inferred Resource of 234kt at 0.95% WO3 and 0.28% Sn. The project is located 60km from the nearest deep-water port by sealed road and has significant infrastructure already in place, including grid power, a partially completed processing plant, workshops and offices, and a tailings dam. The project enjoys considerable industry support, having received an offer from HC Starck for the offtake of tungsten concentrate, a pre-approved German government funding guara