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GWR Group gears up for first iron ore shipment from C4 deposit

GWR Group and joint venture partner Pilbara Resource Group are on track to make the first shipment of ore from the C4 deposit.

The deposit has a mineral resource estimate of 21.6 million tonnes at 60.7 per cent iron and is situated within the Wiluna West Iron Ore Project.

Iron ore from the C4 deposit is being stockpiled at the Geraldton port ahead of shipping later this month according to GWR Chairman Gary Lyons.

"I am excited to advise shareholders the iron ore stockpiles are currently building at Site 88 Storage Facility at the Port of Geraldton with operations on site continuing to progress. The company remains on track for the first historical shipment of iron ore to our offtake partner in late January 2021 in what will be the final key production milestone of stage one, with Cargo Ship PANAFRICAN expected to arrive at the Port of Geraldton this month," he said.

Meanwhile, GWR Group is completing a review of the entire Wiluna West Project, commencing with an assessment and modeling to increase the production tonnage at the C4 deposit.

The second stage of the review process, which is already underway, aims to optimize the remaining tonnes at the deposit and further discussions with relevant parties.