The Market Online - At The Bell

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

GWR Group Limited has announced positive updates on its Wiluna West [iron and gold] and Hatches Creek [copper and gold] projects.

This year, activities at the Wiluna West Gold project have focused on updating Mineral Resource estimates and securing Mining Approvals for the Golden Monarch mine.

In January 2019, the Company announced results achieved from a 72 hole (3,918 m) RC drilling program completed at the Golden Monarch, Eagle and Emu prospects.

Results from this work are expected to be released next month. Approval for further mining at the Golden Monarch prospect is expected to be submitted to the Department of Mines, Industry Regulation and Safety office next month.

In relation to the Wiluna West Iron project all mining approvals are in place for the high-grade JWD deposit, which is adjacent to the Golden Monarch deposit. Approvals will allow for the commencement of future large scale mining operations.

13 RC drill holes for 1,524 m have been completed at the Hit or Miss prospect as part of the Hatches Creek Tungsten Copper Gold Project. Currently, GWR holds a 13.2% per cent equity interest in Tungsten Mining NL and have been providing it with management and technical services since 2014. Both companies are committed to implementing a transaction in the near future.

Please find the announcement attached

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

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Patagonia shares rise above 20% on lithium grades at maiden well in Argentina

Patagonia Lithium shares rise above 12 percent on lithium grading nearly 600 parts per million at…

Termites show Haranga the way to 8th uranium anomaly at Senegal’s Saraya

Haranga Resources finds 8th uranium anomaly at Senegal's Saraya through termite mound sampling, and is hoping…

Chariot Corp reports high grade lithium pegmatite intercepts

Chariot has announced its latest drilling results at Black Mountain, posting intervals over 14m long grading…