Penrhyn Project
Penrhyn
Country Australia 
Status GREEN EXPLORATION 
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Risk and valuation analysis of the Penrhyn Project
Status Risk : Green exploration
Country Risk : Very Low
Title(s) of the Penrhyn Project
WPG Resources Ltd
Owner: 100%
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Location of the Penrhyn Project
Penrhyn consists of two adjoining tenements which are situated south of Coober Pedy in close proximity to the Company’s iron ore projects in the Northern Gawler Craton.
 
History of the Penrhyn Project
Penrhyn was discovered in 1995 as part of the South Australian Exploration Initiative and was subsequently explored by the South Australian Steel and Energy (SASE) joint venture.
 
Geology of the Penrhyn Project
The deposit lies within the Arckaringa Basin and the quality of the sub-bituminous coal is reported to be generally similar to other Arckaringa Basin coals.
 
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