WESTERN DESERT RESOURCES LIMITED - ASX: WDR

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Description

Western Desert Resource's business is built on the exploration of its substantial portfolio of iron ore, gold, base metals and uranium projects in the world-class mining provinces of Australia and will continue to grow through the generation and acquisition of new opportunities and resources.

Roper Bar - This exciting Iron Ore project is located in the new Roper Iron Ore Province in the Northern Territory. Drilling in the 2009 and 2010 field seasons has generated JORC-compliant Inferred Mineral Resource statements for a total of 311Mt @ 40% Fe including DSO (direct shipping ore) of 14.5Mt @ 57.4% Fe. Exploration and resource drilling is continuing.

The deposits are located on Vacant Crown Land. Much of the land comprises the old St Vidgeons Pastoral Lease, a cattle station abandoned over 20 years ago. The deposits are strategically located only 50 kilometres from the coast.

Planning for mine development is well underway. Development will initially focus on the DSO ore at Area F east, which will support a 1.5mtpa operation.

A program of community consultation and continuous engagement has commenced with the residents of Ngukurr. The program includes agreements embracing compensation, co-operation in business development and employment opportunities.

Western Desert is on track to commence export of direct shipping ore in 2013.

Rover - This is a Joint Venture with listed company TNG in the emerging Rover field, 50 kms south-west of Tennant Creek. The target is Copper-Gold in Tennant Creek style ironstones. The tenement package is adjacent to the Rover 1 project (Westgold Resources Limited) with published intersections of 135m @ 1.9% Cu and 7m @ 185 g/t Au. Exploration by WDR is focussing on drilling gravity and magnetic targets.

Spring Hill - The Spring Hill Project is located in the Pine Creek Goldfield, approximately 150km south of Darwin. The project includes an Indicated Mineral Resource of 274,000oz Au (3.6Mt @ 2.34g/t Au). The project is currently subject of a proposed sale agreement to Thor Mining PLC.

Mine For

gold, tin, lead, zinc, iron ore, geothermal energy, copper, uranium, vanadium, nickel, rare earth elements

Location of operation(s)

Northern Territory

Address

Level 1, 26 Greenhill Road
WAYVILLE, SA, AUSTRALIA

Phone

08 8177 8800

Email

Website

http://www.westerndesertresources.com.au

Last Updated

4/5/2011