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GOLDEN WEST RESOURCES LTD

ASX: GWR

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Description

Golden West Resources is focusing on developing mining infrastructure for a high-grade, low-impurity hematite iron deposit in Western Australia's emerging Mid-West iron province, with a total Mineral Resource Estimate of 147.7 Mt at 59.1% Fe.

Wiluna West Iron Project

The Wiluna project hosts a large high grade iron deposit within five separate horizons, Units A, B, C, D, and E that have a cumulative strike length of 125km. Golden West Wiluna West Project comprises 440kmē of tenements, 30km south of Wiluna, covering a 45km strike of the Joyners Find Greenstone belt. The Wiluna region hosts significant gold, nickel, lead, uranium and iron ore mineralisation. The Wiluna West Project resource of 147.7 Mt at 59.1% Fe has deleterious elements within sales specifications, and is contained within two iron ore ridges, Unit B and Unit C and collectively within nine ore bodies.

Wiluna West Gold Project

In mid 2010, GWR announced a 230% increase in Inferred and Indicated gold Resource Estimates to further advance the Company's plans to progress the development of a gold mining operation. A CSA Global review of the known Wiluna West gold deposits, other than the deposits reported upon in March 2010, has raised the Company's total gold Mineral Resource estimate to 3,478,000 tonnes @ 2.3g/t for a contained 258,000 oz at a 1g/t cut off.

Mine For

gold, iron ore

Location of operation(s)

Western Australia

Address

Se 4, 138 Main St
OSBORNE PARK, WA, Australia

Phone

(61 8) 9201 9202

Email

Website


Last Updated

11/04/2011

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.