Accelerated Exploration Activities at Ida Holmes Project

Western Yilgarn NL (ASX:WYX) is accelerating exploration activities at the Ida Holmes Project in Western Australia. The company has identified several exciting exploration targets from the recently completed auger drilling program and airborne TEM survey. This includes a continuous 1.15km long conductor at the Ida Holmes Junction (IHJ) prospect and three discrete Copper (Cu) and Platinum Group Element (PGE) anomalies at the Hells Gate Prospect.

Chairman's Commentary on Exploration Plans

Western Yilgarn's Chairman, Peter Lewis, expressed the company's commitment to delivering strong capital returns to shareholders through targeted mineral exploration across their Critical Minerals portfolio in the Yilgarn Craton. The acceleration of exploration plans at the Ida Holmes Project demonstrates the company's dedication to systematically explore the extensive landholding in the region. The exploration of new Cu-PGE and Cu-Ni targets presents an exciting opportunity to deliver accretive value for Western Yilgarn shareholders.

Exploration Outlook and Next Steps

Western Yilgarn is fast-tracking exploration activities at the Ida Holmes Project, focusing on testing the identified exploration targets through drilling programs. The company plans to undertake a 6-to-9-hole Reverse Circulation (RC) drilling program to test the IHJ conductor and a 34-hole air core (AC) program to obtain more detailed assay and geological information at the high priority Ni-Cu-PGE anomalies at IHJ. Additionally, an initial auger sampling at the Peregrine and Mt Holmes prospects is planned. The company aims to provide further market updates on its exploration plans at the IHJ and Hells Gate prospects following detailed design and permit approvals. The identified targets present an exciting opportunity for Western Yilgarn to continue its systematic approach and deliver value for its shareholders.