West Peak has 977 km2 of granted tenure prospective for iron ore in Liberia through a combination of reconnaissance and exploration licences for iron ore in the Grand Bassa, Bomi, Bong and River Cess counties. All licenses contain identified iron-bearing formations and are located close to port, rail and road infrastructure (both existing and currently being upgraded to meet iron ore industry requirements). Following on from the success of the initial field work the Company now plans to undertake a detailed aeromagnetic survey, follow the wet season and subject to finalisation of a contractor.
West Peak has built up a land holding comprising 15 granted tenements and 28 tenement applications, several being subject to ballot, in the emerging Mid West and Yilgarn Iron Provinces. High grade rock chip results have been received from the Warriedar tenement and indicate the potential for DSO type mineralisation. A magnetite target has been identified at the Dandaraga tenement from mapping and rock chip sampling of an outcropping BIF.