Western Desert Resources
Western Desert Resources Limited (ASX:WDR) is a diversified mineral exploration business with the objective to increase shareholder value by company growth through the discovery, acquisition and development of substantial economic mineral resources.
The Board and Management of Western Desert Resources have substantial experience in the development of mining projects with specific expertise in project generation and delivering exploration success.
Western Desert's principle projects are: Roper Bar which is an exciting Iron Ore project in the Northern Territory. WDR has gained access to a substantial tenement areas which have never been drilled; Rover, a joint venture with listed company TNG Limited located 100kms south-west of Tennant Creek (NT) giving WDR access to tenements adjacent to the Rover 1 project, (Westgold Resources Limited) which recently announced “bonanza” gold grades, and the acquisition of a major interest in Thor Mining provides exposure to the high grade Molyhil tungsten and molybdenum deposit in the Northern territory.
Western Desert Resources rapidly accumulating resources at Roper Bar Iron Ore project
Iron ore developer Western Desert Resources (ASX: WDR) has announced an Inferred Mineral Resource of 14 million tonnes at 49% Fe at Area “F East” in the Roper Bar iron ore project in the Northern Territory.
The Roper Bar project is a JV between WDR and Japanese trading house Itochu, local subsidiary, IMEA Exploration and Development of Australia Pty Ltd.
The Inferred Mineral Resource contains a high grade zone of 7 million tonnes at 59% Fe, which is likely to be Direct Shipping Ore (DSO).
The resource estimate was carried out by AMC Consultants Pty Ltd who said "the project has considerable mining potential. The Area “F East” resource contains potential direct shipping ore (DSO) that is high in Fe and very low in contaminants. This mineralisation has significant strike extent and is close to surface."
AMC "considers the surrounding areas to be extremely prospective. WDR is rapidly accumulating resources which will further enhance economic potential through shared infrastructure and other costs. The close proximity of project areas further underscores economic potential."
The Mineral Resource contains low contaminants such as phosphorus and alumina.
The JORC Code compliant Inferred Mineral Resource consists of a high grade zone of oolitic hematitic ironstone surrounded by lower grade material, and contains 14 million tonnes @49.5%Fe, 22%SiO2, 3.2% Al2O3, and 0.01%P at a lower cutoff grade of 30% Fe.
Other Western Desert Resources articles
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18/12/09 Western Desert Resources reveals considerable potential of Roper Bar JV
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03/12/09 Western Desert Resources hopes to continue upward movement in 2010
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18/11/09 Western Desert Resources shares prosper after geophysical survey completed at Roper Bar Project
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20/10/09 Western Desert Resources releases 90 million tonne mineral resource estimate for Northern Territory project
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16/10/09 Western Desert Resources finds significant surface hematite iron mineralisation
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13/10/09 Western Desert Resources and ITOCHU find more high grade iron ore in NT
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14/09/09 Western Desert Resources has more good news at Roper Bar iron ore project
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09/09/09 Western Desert Resources gains more tenements, in emerging iron ore province in Northern Territory
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31/08/09 Western Desert Resources encounters high grade iron ore at Roper Bar project
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27/08/09 Western Desert Resources drills Area D, confirms extensive hematite iron mineralisation
Other Western Desert Resources news
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12/03/10 Western Desert Resources identifies copper gold targets at Limbla
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08/03/10 Western Desert Resources completes drilling at East Rover project
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27/01/10 Western Desert Resources announces start of drilling at East Rover Project
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17/12/09 Western Desert Resources and TNG commence field work at East Rover gold copper project
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10/12/09 Western Desert Resources reports significant rock chip results from Mountain Creek Iron Ore project
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26/11/09 Western Desert Resources confirms payment of $750,000 for manganese tenements
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25/11/09 Western Desert Resources releases promising assay results at Roper Bar iron ore project
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17/11/09 Western Desert Resources to raise $8.33m, underwritten rights issue
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09/11/09 Western Desert Resources in cash raising following Roper Bar iron ore project drill success
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08/09/09 Western Desert Resources to commence drilling at Rover JV in NT in October
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