ASX ANNOUNCEMENT
24 December, 2012
Western Desert Resources, a diversified resources business with a portfolio of quality mineral exploration assets in the Northern Territory.Western Desert Resources' business is built on the exploration of its substantial portfolio of iron ore, gold, base metals and
uranium projects in the world-class mining provinces of Australia and will continue to grow through the generation and acquisition of new opportunities and resources.
FAST FACTS
ASX Code WDR Issued Shares 341m Market Cap A$242M
DIRECTORS
Rick Allert Chairman
Norm Gardner MD
Mick Ashton Director Graham Bubner Director Phillip Lockyer Director Scott Perrin Director
COMPANY HIGHLIGHTS Iron Ore
• Roper Bar & Mountain Creek projects (NT)
• Hematitic iron ore
• Total Inferred, Indicated & Measured Mineral Resource estimates of 402Mt @ 40% Fe including DSO grade of 32.1Mt
@ 56.8% Fe
• Low Impurities
• Mine development underway
• Proximity to coast and markets
Gold / Copper
• East Rover Project near Tennant
Creek (NT)
CONTACT DETAILS
Level 1, 26 Greenhill Rd
WAYVILLE, SA, 5034
T: +61 8 8177 8800
info@westerndesertresources.com.au
ABN: 48 122 301 848
Key Points:
• Long term haulage contract secured for Roper Bar Iron
Ore Project.• All major regulatory approvals in place.
The Directors of Western Desert Resources Limited (ASX: WDR) are pleased to announce that they have entered into a long term contract for haulage of Iron ore from the Roper Bar Iron Ore project to the loading facility at Bing Bong.
Figure 1. Roper Bar Iron Ore Province location planASX ANNOUNCEMENT
24 December, 2012
The contract covers transport of DSO grade iron ore from the deposits at Roper Bar to the loading facility at Bing Bong port. The haulage route is shown in Figure 2.
Figure 2. Map showing haul road from Roper Bar minesite to Bing Bong export facility.Western Desert Resources Managing Director Norm Gardner said "After discussions with many parties over many months we have entered into a binding agreement with Wagners Transport. Wagners are well known in the Northern Territory - particularly at the moment as principal haulage contractor on the Inpex Gas project during its development. We required certainty about performance and reliability as well as competitive terms. With Wagners we are confident we have achieved our goals"
For further information please contact:
Norm GardnerManaging Director
Western Desert Resources
Telephone: +61 8 8177 8800
Norm.Gardner@wdrl.com.au
Page 2ASX ANNOUNCEMENT
24 December, 2012
Background
The Roper Bar Iron Ore Province covers about 1,900 km2 within eight granted exploration licenses in the Northern Territory and includes an estimated 100 km2 of outcrop of the target Sherwin Formation which hosts extensive hematite iron ore horizons. The Province is divided into two project areas - Roper Bar and Mountain Creek.
JORC Mineral Resource Estimates from WDR's Roper Bar Project (30% Fe cut-off) * Includes DSO grade of 15.5Mt @ 59.5% Fe, 9.6% SiO2, 2.2% Al2O3, 0.01% P and 2.1% LOI ** Includes DSO grade of 16.6Mt @ 54.2% Fe, 15.9% SiO2, 1.2% Al2O3, 0.01% P and 4.0% LOI Competent Person's Statements
The information in this report that relates to Mineral Resources is based on information compiled by Sharron Sylvester who is a full-time employee of AMC Consultants Pty Ltd and a Member of the Australian Institute of Geoscientists and has sufficient experience relevant to the styles of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC code). Sharron Sylvester consents to the inclusion of this information in the form and context in which they occur.
The information in this report that relates to Exploration Results is based on information compiled by Graham Bubner who is a Member of the Australian Institute of Geoscientists. Mr Bubner is a full-time employee of Western Desert Resources Ltd and has sufficient experience relevant to the styles of mineralisation under consideration and to the subject matter of the report to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC code). Mr Bubner consents to the inclusion in the report of the matters based on his information in the form and context in which they occur.
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