As part of its diversification strategy, GWR has been investigating a number of other (non-iron ore) commodity opportunities. In August 2014, GWR established a 100% owned subsidiary, RWG Minerals Pty Ltd (“RWG”), with a mandate to seek opportunities throughout Western Australia, which are currently not held and can be acquired by applying for tenements.
RWG Minerals has established four projects (refer to GWR Project Location Map) covering the following mineral commodities;
Gold – Twin Hills E29/950
Tungsten – Ted Well E09/2141
Gypsum – Lake MacLeod EL08/2684
Lithium/Tungsten/Tantalum/Berylium – Nardoo Well EL09/2114
Details on the projects are set out in the recent Quarterly Activities report here.