Exploration and Discovery of Nickel Sulphide System

Western Mines Group (ASX:WMG) has made a significant discovery of a major komatiite-hosted nickel sulphide mineral system under cover in Western Australia. The company's exploration team, led by WA nickel expert Dr. Ben Grguric, has identified a globally significant JORC Exploration Target ranging from 350Mt to 2,200Mt at 0.24% to 0.35% Ni. With a tight capital structure and recent investment from Dundee Corporation, Western Mines Group is poised for ongoing exploration success in the nickel market, which is currently at cyclical lows.

Insights from Western Mines Group

The company's exploration philosophy is centered around the belief that multiple significant nickel deposits will be found at the Mulga Tank. They are committed to conducting high-quality technical exploration work while being frugal with overheads to maximize exploration spend and minimize equity dilution. Western Mines Group aims to change shareholders' lives through share price increase and offers a compelling risk vs. reward and leverage to exploration success.

Outlook for Western Mines Group

Western Mines Group's discovery of the extensive nickel sulphide system presents a significant exploration opportunity in Western Australia. The company's exploration plans include systematic RC to confirm the lateral extent of disseminated mineralization, extending disseminated sulphide mineralization, and conducting initial exploration target estimates and sighter metallurgical test work. With a focus on changing shareholders' lives through share price increase and a commitment to high-quality technical exploration work, Western Mines Group is well-positioned for future success in the nickel market.