/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE U.S./
ASX & TSX: WSA
WEST PERTH, Western Australia, April 23 /CNW/ - Western Areas will host
its first quarterly conference call on Tuesday 24 April at 11:00am AEST
(9:00am WST) to report results for the three-month period ending 31 March
In addition, Western Areas management will use the opportunity to provide
an update on other recent activities.
Mr Julian Hanna, Managing Director of Western Areas, as well as Mr Craig
Oliver, Western Areas' Chief Financial Officer, will host the conference call.
The pair will report on the quarterly results, as well as provide a management
update and facilitate a question-and-answer session. Schedule of events:
Monday 23 April Q1 2007 results will be lodged on the ASX
Tuesday 24 April
10:50 am AEST To participate in the conference call, dial
1800 268 165 and reference Western Areas
(International callers dial +61 2 9696 0679)
11:00 am AEST Conference call begins promptly
An audio recording of the teleconference will also be available for
international investors approximately 4 hours after the call, until midnight
24 May 2007. To listen to the audio recording of the call, visit the Company
website at www.westernareas.com.au and click on the webcast link.
Questions may be submitted prior to the conference call via e-mail at
firstname.lastname@example.org or via fax to +61 8 9386 1715, Attention:
Ann Nahajski. Participants will also be able to submit questions during the
call, subject to time constraints.
About Western Areas
Western Areas is an international mid-tier nickel sulphide producer with
a proven track record in exploration. The Company's core asset is the 100%
owned, 90km long Forrestania Nickel Project, located 400km east of Perth,
Western Australia. The Company has a current market capitalisation of
The primary discovery, Flying Fox, is one of the highest grade nickel
mines in the world. The current Indicated Mineral Resource is 1.2M tonnes at
6.4% Ni containing approximately 77,600 tonnes nickel and the Inferred Mineral
Resource is 0.2Mt at 6.8% nickel containing 12,900 tonnes nickel. Underground
production from the first of a number of high grade deposits at Flying Fox
commenced in October 2006.
Exploration is a top priority for Western Areas with many high priority
targets yet to be tested along strike from Flying Fox and along the eastern
nickel belt at Forrestania which hosts the large Diggers South deposit and the
Cosmic Boy Mine previously mined by Outokumpu. Western Areas spends an average
of A$1.5 million per month on drilling and geophysics.
The Company is rapidly expanding its nickel interests in Canada with the
acquisition of 13.9% interest of Canadian listed nickel company Mustang
Mineral Corp in late 2006. Western Areas has an option to increase this
interest to 19.9%. Mustang is conducting a pre-feasibility study for an open
pit mine at the Maskwa nickel deposit, located 150km east of Winnipeg in
For further information:
For further information: