Deccan Gold Reports Encouraging Tungsten and Tin Mineralization Results from Logrosan Project in Spain

Deccan Gold Reports Encouraging Tungsten and Tin Mineralization Results from Logrosan Project in Spain​

Deccan Gold Mines Limited has reported encouraging results from the Dehusa Tungsten-Tin project in Spain, highlighting significant potential within its portfolio of critical mineral assets.

The company commenced drilling at the Dehusa Tungsten-Tin target, a priority area within the broader Logrosán multi-commodity project, in mid-March 2026. To date, seven drill holes (LDD013 to LDD019) have been completed, covering a total of 2,984 meters. The completed holes feature an average depth of approximately 430 meters, with one hole reaching 626 meters.

The completed drilling confirmed that every borehole intersected potentially economic tungsten or tungsten-tin mineralization, supporting future underground mining development. Initial laboratory analytical results for four specific drill holes (LDD013, LDD015, LDD016, and LDD017) validated the presence of high-grade tungsten mineralization.

Key Mineralization Findings​

The highest assay results reported include 0.88% WO3 recorded at 470 meters in LDD016 and 1.21% at 535 meters in LDD017. The widest intersection was found in LDD016, which intersected a zone spanning 7.5 meters with an average of 0.29% WO3.

The company noted that portable XRF device analysis and detailed visual inspections provided a preliminary assessment, indicating multiple veins and mineralized zones within the remaining holes. The overall program is scheduled for full assay results by mid-September.

Preliminary assessments suggest that the outcropping tungsten mineralization, confirmed at depth, may extend along the central axis of the S-shaped Dehusa anomaly for approximately 3 kilometers, indicating substantial tungsten potential.

The project operates within a context where Dehesa is one target among others within the wider Logrosán project. Future exploration activities are planned for October and November 2026 at the Las Brujas and Logrosán North targets.

Drill Intersection Details​

Significant intersections identified across the drill holes in the Dehusa Deposit are detailed below:

Project Context and Future Potential​

The Logrosán project, which includes the Dehusa target, is situated within an Iberian metallogenic belt and is understood as a district-scale, multi-commodity critical mineral cluster rather than a single prospect. The exploration model involves vein and greisen style tungsten tin mineralization associated with a blind parent intrusion.

Additional findings include the discovery of outcropping scheelite mineralization along the extension of the southern limb of the S-shaped tungsten-in-soil anomaly. Drill hole LDD019, drilled to approximately 260 meters at a 45 degree inclination, confirmed the continuation of mineralization at depth.

The company noted that while tungsten and tin grades are expected to increase with depth as the system approaches the inferred granitic source, this interpretation requires confirmation through deeper drilling. The blind intrusion is currently estimated to be located between 1,500 and 2,000 meters deep.

Deccan Gold Mines Limited holds a portfolio of gold and critical mineral assets internationally, including projects in Spain, alongside operations across India and other countries.

DECNGOLD Stock Price Movement​

Deccan Gold Mines Limited shares edged higher today, settling at ₹203.96 after gaining 3.15%. The stock saw significant interest in the metals and mining sector, recording a volume of 1.64 million shares during the trading session.