Diversified Pilbara explorer Warwick Resources Limited (ASX:WRK)...

Diversified Pilbara explorer Warwick Resources Limited (ASX:WRK) today announced that it had commenced
drilling at its 100% owned Jimblebar Range iron ore project near Newman in the Pilbara region of Western
Australia.
Jimblebar Range is located only 8km from BHP Billiton’s world class Jimblebar iron ore mine and railway and
1km from the Company’s Jimblebar Channel Iron Deposit (CID) (Figure 2).
Geological mapping of Jimblebar Range has outlined an area of iron enrichment in excess of 250,000m2,
developed over a steeply dipping sequence
of Banded Iron Formation (Figure 1).
The high grade of the iron enrichment has
been demonstrated by the results of 19 rock
chip sample traverses, with 10 samples
assaying greater than 60% Fe, including a
maximum value of 64% Fe. Levels of
contaminants are low to moderate, indicating
potential for direct shipping ore (for further
details refer to the Company’s ASX
announcement of 12 December 2007).
Results from the programme are expected in
mid-April. Subject to exploration success the
Company will quickly move into resource
drilling.
Jimblebar Range is one of three substantial
iron ore targets that Warwick Resources has
identified since listing. On 14 November
2007, the Company announced significant
first pass drilling results from its Caramulla
South Marra Mamba iron ore and Jimblebar
CID projects, including 21m @ 56.3% Fe and
11m @ 59.2% Fe (Caramulla South) and 7m
@ 55.5% Fe (CID).
Figure 1: Jimblebar Range iron enrichment target