WESTERN DESERT INCREASES GLOBAL IRON ORE RESOURCE AT ROPER BAR BY 62%
New resource defined at Area E (south)
JORC-compliant Inferred Mineral Resource estimate of 72 million tonnes @ 39% Fe
Roper Bar global resource increased from 117mt to 189mt
Revised JORC Mineral Resource Estimates for Areas F (east) and E (east) due later this year
Western Desert Managing Director Norm Gardner said ?this is another excellent result from our drill program and adds substantially to the global resource at the Roper Bar Iron Ore Project. Further drilling will be undertaken in 2011 to determine the western and northern extent of the mineralisation.? ?WDR looks forward to the upgraded resource figures for Area F (east) and Area E (east) which are due in late 2010. Coincidentally, we now have just over one tonne of resource for every listed share,? Mr. Gardner said
WDR Price at posting:
30.4¢ Sentiment: LT Buy Disclosure: Held
