Warwick Resources Limited announced that it has identified four new high grade Marra Mamba iron ore targets on its 100% owned McCamey’s South project near Newman.

McCamey’s South is located from 36 kilometers to the east of Newman. The project tenements border on the entire 23.5 kilometers long southern margin of BHP Billiton’s McCamey’s Monster mining lease which includes the large Jimblebar iron ore mine.

The project tenements cover approximately 25 hectares of outcropping to sub cropping Marra Mamba Formation. The Marra Mamba strata strike east-west and dip shallowly to moderately the north, towards BHP Billiton’s tenure. Strong iron enrichment has been mapped and sampled at four locations, named the Watertank Hill, Sliver, Cracker and Wafer prospects.

Watertank Hill is the most significant of the targets and comprises a strip of outcropping iron-enriched Marra Mamba Formation, 500 meters long by up to 75 meters wide, with a further 900 meters of strike potential concealed beneath recent alluvial cover. The prospect is less than 1 kilometers from BHP Billiton’s Jimblebar mine and railway line.

The company said that the strategic location meant that the McCamey’s South targets would be assigned a high priority for further exploration and that "you don’t get much closer to the mine gate than this." The Company intends to undertake initial RC drilling at McCamey’s South later this month.