WPG Resources is an Australian ASX listed mineral resources company with advanced iron ore and coal exploration projects located in South Australia. The ASX code is WPG.
WPG's iron ore deposits comprise direct shipping ore (DSO) deposits, magnetite deposits and a new style of mineralisation, beneficiable feed ore (BFO) deposits.
The Company’s iron ore deposits lie in the Peculiar Knob and Hawks Nest tenements in the Gawler Craton south of Coober Pedy. The Company has completed Bankable Feasibility Studies for the development of both the Peculiar Knob and Buzzard DSO deposits. Initial project development will be directed towards the Peculiar Knob DSO haematite deposit with a resource of 19.2 million tonnes @ 64.0% Fe that the Company intends to bring into production in 2011 at a rate of 3.3 Mt per year for an approximate five year mine life.