Mining & Metals - , ,
Western Manganese Limited (WMN) was incorporated on 4th June 2010 for the purpose of acquiring resource based projects, primarily in Indonesia. WMN currently hold the rights to two promising manganese exploration tenements near Atembua in West Timor, an area regarded as an emerging manganese province. The two tenements cover an area of 4258ha. Both tenements are within 30km of Atapupu harbour.WMN is well positioned to secure additional tenements on West Timor. During the next six months WMN will identify other tenements with above average potential. Agreements will be signed with all owners with whom WMN manage to negotiate favourable terms. WMN's objective is to acquire three more tenements during the next six months.Three of the company's directors are based in Jakarta. Due to our Indonesian presence, members of the board are regularly introduced to iron ore, coal, base metals and gold projects. WMN is also aggressively pursuing all projects that have economic potential, particularly iron ore projects.