WDR 0.00% 14.5¢ western desert resources limited

help & advice, page-6

  1. 96 Posts.
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    My 2 cents worth:

    1. Very reputable management, one of the most important ingredient towards developing a successful mining operation
    2. Ore has extremely low phosphorus making it a highly sought after blending ore with lesser grades
    3. Potential for huge resource upgrade as a lot of territory still to drill
    4. Close to port
    5. Close to mining startup - see extract from Norm Gardner's announcement 30 March "NEW ASSAYS REVEAL MORE HIGH GRADE HEMATITE AT ROPER BAR IRON ORE PROJECT"

    Mr. Norm Gardner, the Managing Director said today “WDR always suspected the ironstone, which hosts all the known deposits at Roper Bar, extends as a continuous horizon at depth. This drilling confirms the theory and it is anticipated that with infill drilling the laterally extensive hematite enriched SIM will add substantially to the JORC resources.

    DSO mining operations are scheduled to commence later this year, and as the mine develops over time it is expected that these additional resources will translate into reserves.”
 
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