Much of the recent attention and price movement of WRK shares...

Much of the recent attention and price movement of WRK shares seems to be attributable to the recent attention on iron ore stocks. Much 0f WRK’s activities and ASX announcements have been primarily focussed on their array of iron ore prospects.

The share price of WRK hit 70+ cents during 2007 mainly due to metals other than iron ore. Their drill results since early 2007 have highlighted a variety of metals on their tenements which include gold, silver, copper, nickel, zinc, lead, cobalt, molybdenum and iron ore.

For those new to WRK, here is a collection of snapshots from past ASX announcements that highlight the potential other than iron ore.

Enormous potential ……..

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Extract from ASX Announcement 20 Feb 2007.

WARWICK RESOURCES IDENTIFIES 16 URANIUM ANOMALIES AT WOGGAGINNA

KEY POINTS

• Airborne radiometric survey data has been processed by Southern Geoscience Consultants

• A total of 16 uranium anomalies have been identified

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Extract from ASX Announcement 20 April 2007

WARWICK PURCHASES PILBARA BASED TENEMENTS FROM CONSOLIDATED MINERALS LIMITED

Jimblebar Gold Project:

* Purchase agreement with Consolidated Minerals Limited’s subsidiary Pilbara Chromite Pty Ltd increases gold mineralisation over 8km strike length

* Historical drilling indicates potential for low tonnage-high grade deposits

* Recent rock chip sampling delivers high gold and molybdenum grades (highest being 39.5 g/t Au and 0.17% Mo)

* Southern Geoscience Consultants has identified 14 discrete gold targets from geophysical data

West Coobina Chromite Project:

* Purchase agreement with Allarrow Pty Ltd increases extent of chromite mineralisation located 5km to the west of Coobina chromite mine owned by Consolidated Minerals Ltd

Iron Ore:

* Southern Geoscience Consultants has identified 3 areas from geophysical data which are prospective for iron bearing channel deposits and which will be subject to preliminary evaluation during first phase drilling of the Company’s other projects in April 2007

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Extract from ASX Announcement 1 June 2007:

WARWICK DELIVERS SPECTACULAR GOLD RESULT AT JIMBLEBAR

JIMBLEBAR GOLD

• Spectacular gold intercept of 1m @ 160g/t Au within 8m @ 22.3g/t Au from 34m depth in
drill hole WRKRC6

• Additional strong gold intersections from adjacent drill holes highlights open-ended
potential of gold mineralization, including 3m @ 3.1 g/t and 10m @ 2.1 g/t from
WRKRC7

COPPER RANGE

• Broad copper intersections with high grade intervals at Copper Knob, 67m @ 0.48% Cu
from surface including 6m @ 2.19% Cu from 6m depth in drill hole WRKRC2

• Potential credit metals and higher copper grades could add value upside at Copper
Knob

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Extract from ASX Announcement 31 July 2007

QUARTERLY REPORT FOR PERIOD ENDING 30 JUNE 2007

HIGHLIGHTS

EXPLORATION

* Successful maiden drilling program at Jimblebar and Copper Range

* Commencement of airborne magnetic and radiometric surveys targeting nickel, base
metals & uranium

JIMBLEBAR GOLD

* Shallow, high grade gold shoots with favourable metallurgy at Sunny South (1m @
144g/t Au within 8m @ 20.4g/t Au)

* Significant molybdenum potential, including 91m @ 0.02% Mo from surface

COPPER RANGE

* Broad copper intersections with high grade intervals at Copper Knob, (67m @ 0.48%
Cu from surface including 6m @ 2.19% Cu)

* Potential credits identified: Co, Zn, Au and Pd

* 80% higher copper grades from twinning of 1970’s drill hole

* Significant copper-gold mineralisation associated with stratiform magnetite lenses on
Copper Range (4m @ 1.1% Cu, 0.1g/t Au)


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Extract from ASX Announcement 15 August 2007

WARWICK RESOURCES UNVEILS JORC RESOURCE AT WAITE KAURI NORTH

KEY POINTS

* JORC compliant inferred resource of 3.9 million tonnes @ 1.04% nickel, 0.04% cobalt

* Follow up drilling programme to commence at Copper Knob and Jimblebar Gold projects

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Extract from ASX Announcement 29 October 2007

WARWICK STRIKES BEST INTERSECTION FROM COPPER RANGE

KEY POINTS

* Best intersection to date from Copper Range: 16m @ 1.2% Cu, 0.2g/t Au and 18g/t Ag from
17m depth

* Massive sulphide intersection at Copper Hill of 1m @ 1.2% Cu with cobalt and nickel credits

* Copper Knob mineralisation extended 100m to west

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Extract from ASX Announcement 19 November 2007

BEST CHROMITE INTERSECTIONS TO DATE FROM WEST COOBINA

KEY POINTS

* Intersections of 4m @ 31% Cr2O3, 1m @ 33.8% Cr2O3 from shallow depths

* Excellent Cr2O3 to Fe ratio in multiple chromite seams

* Results confirm regional prospectivity of chromite within Warwick’s tenement holdings

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Extract from ASX Announcement 7 February 2007

HIGH GRADE GOLD RESULTS FROM JIMBLEBAR

KEY POINTS

* Further high grade gold intersections from RC drilling at Sunny South, including 1m @ 17.1g/t Au, 1m @ 11.8g/t Au and 10m @ 4.0g/t Au.

* Multiple stacked gold lodes recognised within an altered felsic intrusive - mineralisation
remains open down dip to east below 50m depth.

* Substantial molybdenum anomaly outlined at Shearers.

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