Annual report EL 24307, EL 24665, EL 24944, EL 25672, EL 26759 and EL 26992 Roper Bar Project for the period 16 April 2010 to 15 April 2011 Year 3

Abstract

The Roper Bar Project consists of six granted exploration licences (EL 24307, EL 24655, EL 24944, EL 25672, EL 26759 and EL 26992) which are 100% owned by Western Desert Resources (WDR) through its wholly owned subsidiary, WDR Iron Ore Pty Ltd. The tenements are located about 240km east of Mataranka in the Gulf Country of the Northern Territory. Exploration is being undertaken on hematitic iron ore within the Sherwin Formation. The Roper Bar project is situated within the Bauhinia Shelf of the McArthur Basin. The McArthur Basin is an intracratonic platform basin of Palaeo to Mesoproterozoic age. Exploration within the area has concentrated on the Sherwin Formation within the Maiwok Subgroup of the Roper Bar Group. Exploration activities carried out during the reporting period included a 3370 station gravity survey, a 4935 line km aeromagnetic survey, 12 rock chip samples, 496 RC drill holes (22,424m), 9 PQ diamond core holes (177.6m), 32 mineralogical samples and a five-stage metallurgical testwork program. Resource estimates were completed in three areas. The total resource grew from 116Mt to 311.8Mt million tonnes at an average grade of 39.9% Fe, including approximately 14.5Mt of DSO. Further resource definition and exploratory drilling is planned for 2011. The focus will be to upgrade the confidence in the existing resources for feasibility requirements, as well as to explore beyond the existing resource limits to increase the overall project size. Mapping and rock chip sampling will be carried out, as will RC drilling, geotechnical diamond drilling and further metallurgical drilling and testwork.