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.

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WPG Resources (ASX:WPG)
Company Directors
Mr Dennis Mutton (Non Exec. Director)
Mr Gary Jones (Director)
Mr Greg Harding (CFO)
Mr Heath Roberts (Executive Director)
Mr Len Dean (Non Exec. Director)
Mr Lim Yong (Non Exec. Director)
Mr Martin Jacosen (Chief Op. Officer)
Mr Robert Duffin (Executive Chairman)
Mr Robert Richardson (Non Exex. Director)
Contact Information
Phone: (02) 9251 1044

Address
Level 9, Kyle House, 27-31 Macquarie Place, NSW, Australia, 2000
Media Releases
WPG RESOURCES LIMITED, POTASH DEPOSITS EXPLORATION IN SOUTH AUSTRALIA
23 Jan,2012 09:36 AM

WPG Resources Ltd (ASX:WPG) has commenced exploration for potash in south western South Australia.

Potash deposits have been known to occur in the Lake Ifould – Lake Pidinga area of south western South Australia since at least 1948. The potash is associated with the mineral alunite, which is widely recognised as a common source of potash. Potash is a valuable fertiliser commodity, and is likely to become more so as the World puts more emphasis on food security.

Alunite is also sometimes associated with epithermal gold deposits.

The alunite deposits occur in the pallid zone of kaolinitic clays that overly deeply weathered Precambrian granite and gneiss and are exposed in the lower levels of cliffs that fringe some of the salt lakes and lagoons in the area.

The key area for WPG’s initial exploration lies on EL 4631 which is some 250 kilometres north west of Ceduna. EL 4631 and the neighbouring EL 4671 have been transferred to WPG’s 100% owned subsidiary Southern Potash Pty Ltd.


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