Western Mines Group (ASX:WMG) reports high-grade nickel sulphide mineralisation

Western Mines Group Ltd (WMG) (ASX:WMG) has announced the receipt of geochemical assay results for three Phase 3 reverse circulation (RC) drill holes at the Mulga Tank Project, located on the Minigwal Greenstone Belt in Western Australia's Eastern Goldfields. The standout result from hole MTRC046 revealed the best high-grade intersection ever drilled at the Mulga Tank Project, with a continuous interval of 193m at 0.33% Ni, 152ppm Co from 107m, including high-grade intersections of 4m at 1.14% Ni, 501 ppm Co, 803ppm Cu, 0.14g/t Pt+Pd from 224m, 5m at 0.61% Ni, 258ppm Co, 0.49% Cu from 229m, and 5m at 1.92% Ni, 711ppm Co, 0.21% Cu and 0.18g/t Pt+Pd from 283m. These results confirm the extension of mineralisation to the south of previous drilling within the main body of the Mulga Tank Complex.

Executive Commentary on Phase 3 RC Drilling Results

The team are excited by these results, with MTRC046 showing the best high-grade intersection at the project, to date. Its further validation of the extensive Mulga Tank nickel sulphide mineral system and the potential the Complex could hold. The more we drill the more we've become increasingly convinced of the hybrid nature of the system and potential to host higher grade massive sulphide. A very large, low-grade, open-pitable deposit has been defined within the Complex by the various phases of drilling so far but within that a number of these high grade pods/zones are starting to emerge as we increase drilling density. Also of note in these results is that all three holes fall outside the area of previous drilling used to define our JORC Exploration Target. Whilst the mineralisation in holes MTRC044 and MTRC045 wasn't quite as robust as recent results for the core area, they certainly contain significant mineralisation and demonstrate the system remains open to the south. We'll follow-up on hole MTRC046 with DHEM and further RC and diamond drilling in this area.

Summary of Phase 3 RC Drilling Results

The Phase 3 RC drilling program at the Mulga Tank Project has yielded significant nickel sulphide mineralisation, with hole MTRC046 delivering the best high-grade intersection to date. The results indicate the potential for higher grade massive sulphide within the extensive Mulga Tank nickel sulphide mineral system. Furthermore, the mineralisation in holes MTRC044 and MTRC045, located outside the area of previous drilling used to define the JORC Exploration Target, demonstrates the system remains open to the south. The Company plans to follow-up on hole MTRC046 with down-hole electromagnetic (DHEM) surveys and further RC and diamond drilling in the area. The ongoing exploration activities aim to provide further insights into the potential of the Mulga Tank Complex and its mineralisation.