AUSTRALIA - WELD RANGE

Weld Range Project

Dragon Mining holds a 39.5% interest in the unlisted, Perth based company Weld Range Metals Limited (WRM). In 2010, WRM moved to a 100% interest in the Weld Range tenements with the purchase of interests from the other joint venture partners.

The tenements  are located 70 kilometres northwest of Cue in the Murchison District, close to the centre of the new iron ore province in the Mid-West region of Western Australia.

Regional geology of the Mt Magnet-Cue-Meekatharra area showing the location of the Weld Range project

WRM are working constructively with the Wajarri Yamatji people and the State Government to develop the valuable iron, chromium, nickel and PGM resources that occur on the Weld Range tenements.