Description
Western Desert Resources (ASX:WDR) is an ASX listed Australian exploration company with key mineral projects in Australia with a strategic focus on minerals that supply the steel and construction sectors. Western Desert has identified advanced development prospects in iron ore, manganese and molybdenum.
Core projects are: the Roper Bar Iron Ore Project in the Northern Territory, highly prospective for iron ore with low phosphorous and other impurities and located close to the Roper River; and the Gladstone, Queensland Manganese Project.
Western Desert has acquired a strategic 16.7% stake in Thor Mining Plc, which is listed on the United Kingdom AIM market. Thor Mining owns the Molyholl Molybdenum / Tungsten project, located north east of Alice Springs. An off-take agreement is in place with CITIC, China’s leading energy and base metal producer.
The Company’s portfolio also includes interests in copper and gold targets. Western Desert can earn up to an 80% interest in the Rover Gold/Base Metals Joint Venture, south-west of Tennant Creek, Northern Territory.
Share Price
In-depth Western Desert Resources Proactive Investors Articles
- 23/12/2008 Itochu invests $15m in Western Desert Resource's Roper Iron Ore project
- 17/12/2008 High grade iron tenements at Roper Bar acquired by Western Desert
- 16/12/2008 Western Desert's Roper Bar intersects hematite mineralisation
- 01/12/2008 Western Desert Resources getting on with Roper Bar Iron Ore, Gladstone Manganese and Molyhil Moly
- 16/10/2008 Western Desert Resources commences drilling at Roper Bar Iron Ore Project
Recent Western Desert Resources news
Presentations & Company Media
No Documents available.
Related Research & Media
No Documents available.
Company Statement:
Western Desert Resource's business is built on the exploration of its substantial portfolio of iron ore, manganese, uranium, gold and base metal projects in the world-class mining provinces of Australia and will continue to grow through the generation and acquisition of new opportunities and resources.
Current Operations:
Roper Bar
Western Desert has secured a substantial tenement area in the Roper River region of the Northern Territory. Samples of outcropping hematite assay up to 60% Fe.
Gladstone
This Joint Venture gives Western Desert access to a high grade manganese deposit near Gladstone in Queensland, and highly prospective ground in the Northern Territory with mineralisation assaying up to 63% Mn.
Thor
The acquisition of a major interest in Thor Mining provides exposure to the high grade Molyhil tungsten and molybdenum deposit in the Northern territory. Plans for construction of a plant to commence mining operations are well advanced.
Management
No info available.
Major Shareholders
No info available.
Contact Information
No info available.
Corporate Information
No info available.