Source: GWR Group
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • GWR Group (GWR) engages Paul Leidich, to conduct desktop studies for its Wiluna West Iron Ore Project (WWIOP) in Western Australia
  • Mr Leidich is an experienced study manager who’ll assess the opportunity to exploit a large portion of the WWIOP’s 131-million-tonne resource
  • The study will assess using the Port of Esperance which is considered attractive given it’s linked by an existing railroad from Leonora and has a much larger capacity than the Port of Geraldton
  • The second stage will include rail wagon unloading, port storage and ship loading solutions
  • Company shares are down 3.66 per cent and trading at 39.5 cents

GWR Group (GWR) has engaged study manager, Paul Leidich, to conduct desktop studies for its Wiluna West Iron Ore Project (WWIOP) in Western Australia.

Mr Leidich specialises in logistics and materials and is therefore considered suitable to assess the project delivery components such as infrastructure, logistics and port options for exporting direct shipping ore (DSO) product on a sustained long term basis from the WWIOP.

If successful, this could provide GWR with the opportunity to exploit a large portion of its 131.1 million tonnes at 60 per cent DSO resource within the iron ore project.

GWR Group expects to mine iron ore at the WWIOP at an annual rate of seven million tonnes for a 10-year period.

The first stage of this study includes assessing the possibility to build a railroad or a private multi-user haul road to Leonora as well as a rail upgrade between Leonora and Kalgoorlie.

The study may offer a pathway and access through the Port of Esperance which is considered attractive given it’s linked by an existing standard gauge railroad from Leonora. It’s also able to accept vessels with a capacity of about 150,000 tonnes compared to the Port of Geraldton which is only up to 60,000 tonnes.

The second stage will include rail wagon unloading, port storage and ship loading solutions.

GWR Chairman Gary Lyons was pleased to have engaged Mr Leidich for the study.

“We believe defining new or improving upon existing infrastructure and port solutions is a positive move and a reflection of the confidence the board has in being able to define a long term route-to-market even through lower iron ore prices.”

Company shares were down 3.66 per cent and trading at 39.5 cents at 11:21 am AEST.

GWR by the numbers
More From The Market Online
The Market Online Video

Raiden’s key target areas found drill ready in cultural heritage survey

Raiden Resources (ASX:RDN) has announced its key target areas for upcoming drilling have been OK'd by…

Namoi Cotton shares leap 13% on French-Singaporean bidding war

Namoi Cotton shares jump 13 percent as two agribusiness giants - one French and the other…

Macmahon secures extension for Tropicana Gold Mine services contract

Macmahon has secured an extension of its mining services contract with AngloGold Ashanti Australia for an…

Litchfield Minerals kicks off copper drilling in the NT

The Northern Territory (NT) is heating up, and not only because of the Beetaloo Basin. Litchfield…