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WESTERN PLAINS RESOURCES LIMITED

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ASX:WPG (AUD)  0.32 [+0.02 (+6.67%)] Nov 6 2009 - Close

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LEVEL 9, KYLE HOUSE, 27-31 MACQUARIE PLACE
SYDNEY
New South Wales
Australia, 2000
Phone: +61 (02) 9251 1044
Fax: +61 (02) 9247 3434

Company Summary

Western Plains Resources is an Australian ASX listed mineral resources company with advanced iron ore projects located in South Australia. The ASX code is WPG. WPG has both direct shipping ore (DSO) deposits and magnetite deposits. In addition, a new type of deposit, a beneficiable feed ore (BFO) has been discovered.

Company News

Wednesday, September 23, 2009
Property: HAWKS NEST
Western Plains Resources Ltd (WPG) received a letter on September 18 from the Department of Defence which states the Department will not support an application by WISCO to the Foreign Investment Review Board (FIRB) for approval of the WISCO Investment at Hawks Nest. Western Plains reports the letter appears to reject the WISCO Investment on safety, operational and national security issues. Western Plains Resources Ltd announced on 12 June 2009 that it and Wugang Australian Resources Pty Ltd (WISCO) had executed a set of formal transaction documents pursuant to which WISCO would subscribe for some 12.1 million WPG shares and contribute A$45 million to the cost of undertaking a feasibility study to develop WPG’s magnetite deposits in EL 4248 at Hawks Nest south of Coober Pedy in South Australia, and in so doing would earn a 50% participating interest in the project.

News Releases

Tuesday, October 27, 2009
Thursday, October 08, 2009
Tuesday, September 29, 2009
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