Summary
The 440km² Wiluna West Project is located approximately 40km west of thetownship of Wiluna in the North Eastern Goldfields of Western Australia.
- Major high grade iron resource project
- Iron Resource 119 million tonnes @ 58.9% Fe, Interim Inferred Mineral Resource already outlined
- Current exploration on track to attain target of high grade resource of 100 million tonnes and increase the status of resource
- Gold resource of 87,000 oz outlined
- Uranium, calcrete style deposit potential
The Company controls almost the entire Joyners Find greenstone belt, having contiguous tenements covering a length of 45km for a total area of 440km² The Joyners Find greenstone belt is adjacent to the highly productive Norseman-Wiluna greenstone belt. The Greenstone Belt contains two regional shear zones known as the Joyners and the Brilliant Shear Zones. The Joyners Shear is the most significant structure in the area being at least 50km long and up to 1km wide. Both the Joyners and Brilliant Shear Zones are considered to be major controls of mineralisation within the project area.
Golden West Resources has reported a JORC compliant Inferred Mineral Resource of 119 Million tonnes @ 58.9% Fe in July 2008, represented an increase of 33Mt of the Oct 2007 reported resource. With this announcement Golden West has achieved its goal of defining a resource to at least 100 to 150 Million tonnes. Golden West expects to further increase resources at Wiluna West in August 2008 as the Snowden international mining consultancy group is expected to complete a resource upgrade of the C4 deposit and additional drilling information becomes available for the Bowerbird South deposit.
In addition, the Wiluna project hosts a combined gold resource of 788,000 tonnes at 3.5 g/t gold for a contained 87,000 oz with considerable further potential.
Uranium potential exists on the most southern tenement, up stream from the calcrete hosted style uranium deposits of Dawson Well, Hinkler Well, Centipede and Lakeway.
