The bulk of the Weld Range is held by SinoSteel Midwest Corporation Limited (“SinoSteel”).  SinoSteel’s web site describes its Weld Range project as based on a BIF high-grade resource of 300 Mt at the Beebyn and Madoonga ore bodies, considered sufficient to support over 25 years of production. 

After initially being investigated for it’s iron ore prospects, the project is now under review and considered to have potential in gold and other precious metals.