GWR Group Limited (Golden West Resources)
GWR Group Limited (Golden West Resources)
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West Australian iron ore developer GWR is on track for mining to begin in the first week of December for the 1Mt first stage of its C4 direct shipping ore operation at Wiluna West based on significant progress on the mine development by mining contractor Pilbara Resources Group.
Formal state works approval for its crushing and screening operations is expected by end-Nov.
Chairman Gary Lyons says GWR is eager to exploit the strong commodity cycle by achieving its first shipment of C4’s high-grade, low-impurity ore in Jan.
West Australian mining and construction contractor DDB has been named preferred supplier of drilling services for the Golden Delicious gold project at international miner AngloGold Ashanti’s Sunrise Dam operation in the Eastern Goldfields.
The contract awarded by AngloGold’s long-term mining services company Carey Mining is expected to see DDB commence operations at Golden Delicious from late-Dec and continue for about 24 months.
West Australian developer GWR Group has formally executed its alliance mining contract with specialist contractor Pilbara Resource Group for development, mining and transport of the C4 direct shipping iron ore prospect at its Wiluna West project.
The contract covers “pit to port” operations on a cost-plus basis for 1Mt of C4’s mineral resource of 21.6Mt @ 60.7% Fe.
West Australian developer GWR Group remains on track to begin production this year at its C4 iron ore project after securing access to an established mining camp just 22km from the mine site in its Wiluna West project.
GWR says the securing of access to the Rosslyn Hill camp by its alliance partner and mining contractor Pilbara Resource Group will be pivotal to development and production of the DSO hematite deposit containing 21.6Mt @ 60.7% Fe.
West Australian explorer GWR has finalised key terms on a works contract with privately owned construction and civil contractor Pilbara Resource Group for “pit-to-port” operations at the 21.6Mt @ 60.7% Fe C4 DSO hematite resource at its Wiluna West project.
Following the grant of federal and state approvals last month, chairman Gary Lyons says execution of the terms sheet paves the way for first stage commercial production of high-grade, low-impurity iron ore to take advantage of current strong prices.
West Australian explorer GWR Group is closer to opening up its 131Mt high-grade Wiluna West iron ore project after gaining state mining and federal environmental approvals for development of the C4 deposit, its planned first stage operation.
Chairman Gary Lyons says the approvals pave the way for mining to commence at the 1.4km long C4 deposit's JORC 2004-compliant combined DSO hematite resource of 21.6Mt @ 60.7% Fe. Mining C4 will effectively open up the entire Wiluna West iron ore project for exploitation.
Signing of a JV for development, mining and processing of gold deposits at its 100%-owned Wiluna West project at Blackham Resources’ Matilda processing plant opens exciting opportunities for West Australian company GWR Group.
GM Adrian Costello says the JV agreement is a significant milestone for GWR’s transition for developer to miner and producer.
Wiluna West, with mineral resources of 289,000oz (4.2Mt @ 2.2g/t Au), is 40km from Blackham’s 2.1Mtpa processing and treatment plant.
West Australian explorer GWR has posted a 13.5% increase in measured and indicated resources as it continues negotiations to finalise a mining and milling JV with Blackham Resources for its Wiluna West gold project.
Total resources are now 289,000oz (4.17Mt @ 2.2g/t) across 13 prospects that comply with JORC 2012 or 2004 standards.
Yuzheng Xie’s Gold Valley Group adds to its near-production Australian iron ore project portfolio after signing a three-year DSO iron ore mining agreement with GWR at Wiluna West in WA.
Australian explorer GWR has lined up a revenue stream under a mining rights agreement with privately owned Gold Valley Group to produce 1Mtpa iron ore over 3 years from its 100%-owned Wiluna West project in WA.
Subject to due diligence and entering a formal agreement within 14 days, GWR will receive staged payments of up to $A5M cash plus a $1-2/t production royalty.
The deal specifies West Wiluna’s John William Doutch deposit with its DSO hematite resource of 10.7Mt @ 63.7% Fe.