Announcement Date: 2022-08-15
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Western Mines Group Ltd.
Project name: Mulga Tank
Location: Australia
Commodities: Copper,Nickel
Highlight: Drilling results incl. 0.9m @ 1.06% Ni, 0.06% Cu, 0.05g/t from 281.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Western Mines Group Ltd (WMG or Company) (ASX:WMG) is pleased to update shareholders on the first batch of assay results from the Company’s recent maiden diamond drilling program at the flagship Mulga Tank Ni-CuPGE Project, on the Minigwal Greenstone Belt, in Western Australia’s Eastern Goldfields. Initial geochemical assay results have been received for 31 samples, covering a 20m interval, from hole MTD016. Hole MTD016 was drilled in the Panhandle area of the Mulga Tank Ultramafic Complex (Figure 1), in follow-up to nearby historical hole MTD006 which returned 0.25m at 3.8% Ni, 0.7% Cu and 0.7g/t PGE. MTD016 intersected ~136m of komatiite affinity ortho-mesocumulate dunite which contained multiple thin nickel-copper sulphide veinlets. Geochemical assay results for this section confirm Ni-Cu-PGE mineralisation with significant anomalous results including 0.9m at 1.06% Ni, 0.06% Cu and 0.05g/t Pt+Pd from 281.6m, with 0.3m at 1.57% Ni, 0.13% Cu and 0.12g/t Pt+Pd from 281.9m. Initial appraisal of the nickel-copper sulphide veins suggest they are likely remobilised from a massive sulphide source and not of primary or hydrothermal origin. This conclusion highlights the untested NW2 Conductor in the centre of the Panhandle as a potential follow-up target.
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