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IRON ORE - Wiluna West resource up to 119 million tonnes E-mail

Inferred resources at Golden West Resources’ flagship Wiluna West Iron Project in Western Australia have increased to 119 million tonnes grading 58.9% iron.

This represents an increase of 33 million tonnes over the previously reported resource of 86 million tonnes grading 60.1% iron.

The Wiluna West deposit now ranks as the second largest hematite resource in the emerging Mid-West iron ore province of WA, ranking only behind the reported hematite resource at Midwest Corporation's Weld Range project.

Golden West expects to shortly further increase resources at Wiluna West as the Snowden international mining consultancy group is expected to complete a resource upgrade of the C4 deposit and additional drilling information becomes available for the Bowerbird South deposit.

The latest resource estimates reflect recent drilling at Joyners Find North, Bowerbird, Bowerbird South and C3 deposits.

The interim inferred mineral resource estimate includes 9.2 million tonnes grading 60.5% iron within the Joyners Joint Venture with Jindalee Resources, in which Golden West is earning an 80% interest.

The Jindalee-Joyners Joint Venture ground occupies two tenements comprising the northern eastern edge of the Wiluna Project.

www.goldenwestresources.com

 
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