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Western Mines Group (ASX: $WMG) reports further RC results with >200m zones of mineralisation

Western Mines Group (ASX: $WMG) reports further RC results with >200m zones of mineralisation


Western Mines Group Ltd (WMG) (ASX: $WMG) has released geochemical assay results for five more Phase 2 reverse circulation (RC) drill holes at the Mulga Tank Project, confirming broad zones of nickel sulphide mineralisation. The results validate the company's approach of infill drilling around the higher grade core area identified in the Phase 1 program, aiming to de-risk, improve confidence, and aid resource evaluation.

Executive Commentary on RC Assay Results


Dr Caedmon Marriott, Managing Director of Western Mines Group, commented, 'The Phase 2 RC program has successfully targeted broad zones of shallow mineralisation, with the latest results confirming the drilling's success in infilling around the higher grade core area. The continuous intersections of mineralisation greater than 200m length are a positive indication, aligning with the JORC Exploration Target modelling work.'

Summary of RC Assay Results and Outlook


The latest RC assay results from Western Mines Group's Phase 2 program continue to validate the company's drilling strategy, demonstrating significant evidence for nickel sulphide mineralisation. The company aims to increase its understanding of the Mulga Tank Complex and target potentially richer zones of mineralisation with follow-up drilling. With the successful validation of the infill drilling around the higher grade core area, Western Mines Group is on track to achieve its goals of de-risking a potentially globally significant, large-scale, open-pitable nickel sulphide deposit at Mulga Tank.

WESTERN MINES GROUP LTD
WMG | ASX | Materials
0.320.05(+18.52%)
At close 05/07 (AEDT)
Market cap
$21.8M
Volume
161,630
DY Yield
0
PE Ratio
0
52 Week Range
0.15 - 0.68
1YR Return
N / A

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