Overview of Western Yilgarn's Quarterly Report

Western Yilgarn NL (ASX: $WYX) is pleased to present its Quarterly Report for the three-month period ending 31st March 2024. The report highlights significant progress in the Ida Holmes Junction and Julimar West projects, including farm-in and joint venture terms, auger drilling campaigns, and tendering for an airborne electro-magnetic survey.

Executive Commentary on Project Developments

The Company is excited about the progress made in the Ida Holmes Junction and Julimar West projects during the March quarter. The successful completion of the Phase 3 infill and extensional geochemistry at the Boodanoo Project is particularly noteworthy. We are also pleased with the execution of the Joint Venture Agreement with Fleet Street Holdings, which secures our exclusive right to earn into strategically located tenements in the highly prospective Holmes Dyke and Mt Ida Fault region. The commencement of the tendering process for an airborne electro-magnetic survey at the Julimar West Project demonstrates our commitment to advancing our exploration activities.

Summary of Quarterly Report and Outlook

Western Yilgarn's Quarterly Report for the March quarter showcases significant advancements in its exploration projects, particularly at the Ida Holmes Junction and Julimar West projects. The successful completion of various drilling campaigns, farm-in and joint venture agreements, and the planned airborne electro-magnetic survey indicate the Company's dedication to unlocking the potential of its assets. With a focus on Ni-Cu-Co-PGE, Au, and Li, the Company remains optimistic about the future prospects of its projects and is committed to further exploration and development.