WPG Resources Ltd. has appointed its current Chief Executive Officer Martin Jacobsen to the position of MManaging Director effective immediately. Mr. Jacobsen, who joined WPG in 2007, was appointed CEO in April 2012. His key responsibilities have been to manage new project acquisition and development and he was an integral part of the company's leadership team for the development of WPG's previous South Australian iron ore projects, including the Peculiar Knob project sold in October 2011 for around $320 million.