Western Mines Group Ltd (WMG) (ASX: $WMG) has announced the receipt of geochemical assay results for the final four Phase 2 reverse circulation (RC) drill holes at the Mulga Tank Project, located on the Minigwal Greenstone Belt in Western Australia's Eastern Goldfields. The results reveal extensive zones of nickel sulphide mineralisation, with all 17 holes of the Phase 2 RC program returning significant intersections, further enhancing the company's understanding of the mineralisation within the core area of the Mulga Tank Complex.
WMG Managing Director Dr Caedmon Marriott expressed satisfaction with the Phase 2 RC program, highlighting the successful infilling around the higher grade core area of the JORC Exploration Target model. The results from all 17 holes demonstrate broad intersections of sulphide mineralisation, with three of the last four holes returning continuous mineralisation of around 200m length or greater. These positive results confirm the continuity of the system and will contribute to the ongoing modelling work and initial inferred resource evaluation of the central zone.
The Phase 2 RC drilling program at the Mulga Tank Project has confirmed extensive nickel sulphide mineralisation, supporting the company's efforts to de-risk a potentially significant, large-scale, open-pitable nickel sulphide deposit. The results from the program will aid resource evaluation and contribute to the ongoing modelling work. With the drilling density increasing within the central area of the Complex, WMG aims to target a few hundred million tonnes at better than 0.3% Ni grade. The company looks forward to updating shareholders on further results from its exploration programs at Mulga Tank as they become available.