Western Desert on track for first shipment

Company News

Western Desert Resources Limited’s (ASX:WDR) Roper Bar Iron Ore project in the Northern Territory received Federal environmental impact approval during the December quarter.

The mineral explorer says it is on track for its first iron ore shipment from the project, expected in October this year.

Bulk sample pit mining has commenced at the site, and Western Resouces says further excellent exploration results have been attained.

At the end of the December quarter, Western Desert’s cash resources stood at $39.1 million.

The company increased the gold resource of its Spring Hill project, also in Northern Territory, to 450 thousand ounces during the quarter.

Western Desert Resources reported a $3.3 million loss in the 2012 financial year. 

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