Announcement Date: 2022-11-07
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Western Mines Group Ltd.
Project name: Mulga Tank
Location: Australia
Commodities: Copper,Nickel,Cobalt,Sulphur
Highlight: Drilling results incl. 9m at 0.27% Ni, 135ppm Cu, 141ppm Co, 0.75% S from 155m
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 further results from the Mulga Tank Ni-Cu-PGE Project, in particular hole MTD020. MTD020 intersected a ~450m thick package of high MgO dunite ultramafic containing disseminated magmatic sulphides (trace to 2%) that coalesced into interstitial blebs towards the base of the unit (3 to 5% sulphide) (ASX, Disseminated Sulphides Seen Over >300m in Hole MTD020, 26 July 2022). The recent geochemical assay results confirm the potential for an extensive working mineral system for Type 2 Mt Keith-style disseminated sulphide mineralisation. MTD020 assay results show adcumulate-extreme adcumulate dunite down the length of the hole, averaging 45.0% MgO and 0.19% Al2O3 for all samples assayed. Best individual element results of up to 0.68% Ni, 0.036% Cu, 0.027% Co and 224ppb Pt+Pd were seen down the hole, with a continuous intersection of 175m at 0.27% Ni, 0.010% Cu, 0.015% Co and 21ppb Pt+Pd that also averaged 0.49% S. High S content seen in large parts of the hole and high correlation of Cu and PGE’s with S content
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