Western Mines Group (ASX: $WMG) receives $318,000 in government co-funded exploration drilling awards for Mulga Tank Project

Western Mines Group Ltd (WMG) (ASX: $WMG) has been granted two awards totaling $318,000 to fund drilling at the Mulga Tank Ni-Cu-PGE Project under the WA State Government's Co-funded Exploration Drilling Program. The awards, received under the Exploration Incentive Scheme (EIS) Round 29, include $220,000 for a deep exploration hole and $98,000 for four reverse circulation (RC) holes targeting komatiite channels within tenement E39/2134. The competitive application process assessed the innovative exploration drilling projects against EIS criteria.

WMG Chairman Rex Turkington comments on the EIS Awards

'Once again, congratulations and great work by Caedmon, Ben and the exploration team in our third successful EIS application round - especially to receive two awards in this round. The maximum $220,000 deep drilling award will be used to drill another exciting deep hole aimed at testing the significant MobileMT target at the base of the Mulga Tank Complex. The $98,000 universal drilling award will be used to drill four RC holes, as part of our first RC program to step out from the main Complex and start to test the komatiite channels up the belt.'

Summary of WMG's EIS awards and drilling plans

Western Mines Group Ltd (WMG) (ASX: $WMG) has secured two awards totaling $318,000 for exploration drilling at the Mulga Tank Ni-Cu-PGE Project. The company plans to utilize the funding to drill a deep diamond hole to test the eastern portion of the MobileMT anomaly and basal contact of the Mulga Tank Ultramafic Complex, as well as to conduct the first RC drilling program targeting komatiite channels in tenement E39/2134. The drilling aims to confirm the extent and prospectivity of the previously unexplored komatiite channels and further explore the significant nickel sulphide mineral system within the Mulga Tank Ultramafic Complex. WMG looks forward to updating shareholders on the progress and results of the ongoing exploration programs at Mulga Tank.