West Peak Iron (WPI) has entered into two agreements to purchase a 90% interest in several tenements prospective for iron ore, located in the Mid-West region of Western Australia. Settlement of these agreements is conditional on the Company raising a minimum of $2,500,000 and obtaining conditional approval to list on ASX on or before 31 October 2010.
The two main projects in this group of tenements are the Santy Well Project and the Pinyalling Project.
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