WPG Resources Ltd is an Australian ASX listed resource company (ASX code WPG) with a current focus on two advanced gold projects in South Australia.
WPG holds its gold prospects through two wholly-owned subsidiaries – Tarcoola Gold Pty Ltd and Tunkillia Gold Pty Ltd. The company has 100% of all minerals at Tarcoola and Tunkillia.
WPG’s objective is to bring Tarcoola into production in 2016.
Initial Tunkillia production is targeted for 2018 at ~70,000 ounces of gold per annum.
The acquisition of the gold projects in May 2014 marked the completion of WPG’s transition from an iron ore company.
Including its advanced gold projects WPG has a portfolio of exploration projects in South Australia covering a combined area of 4,928 square kilometres. These are considered to have excellent potential for the discovery of several types of mineral occurrences including gold, nickel, base metals, iron ore and coal.