WESTERN MINES GROUP LTD

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WESTERN MINES GROUP LTD (ASX: WMG)

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WMG: Completion of Hole MTD026 and Upcoming MobileMT Survey

WESTERN MINES GROUP LTD

Completion of hole MTD026 (EIS2) at Mulga Tank Ni-Cu-PGE Project, with the deepest hole ever drilled reaching 1,548.3m depth and intersecting ~1,400m thickness of high MgO adcumulate dunite ultramafic.
Observed disseminated nickel sulphide mineralization cumulatively over >950m in MTD026, validating WMG's lopolith-shaped geological model for the Mulga Tank Ultramafic Complex.
Expert Geophysics contracted to conduct MobileMT survey in August, using advanced technology to map deep resistivity for massive sulphide deposits at the Mulga Tank Complex.

2023-06-27 09:08:00

WMG: MTD026 Mulga Tank Drilling Update

WESTERN MINES GROUP LTD

MTD026 drilling update: 1,353m depth with ongoing drilling, cumulative ~1,300m thickness of high MgO adcumulate dunite with disseminated nickel sulphide mineralisation.
Similar geological observations to MTD023 but with overall "richer" visible sulphide mineralisation; hole MTD026 receives co-funding as part of WMG’s $220,000 EIS grant.
Drilling program continues to validate WMG's geological model and enhance the prospectivity of the Mulga Tank Ultramaﬁc Complex.

2023-06-13 08:57:00

WMG: MTD026 Update and Expansion of Mulga Tank Drilling

WESTERN MINES GROUP LTD

MTD026 drilling update: ~400m depth with significant examples of disseminated and remobilized nickel sulfides observed in top 250m.
Shallow disseminated mineralization extends across majority of Mulga Tank Complex ~3.2km, highlighting prospectivity for massive sulfide deposits.
Expansion of current diamond drilling program: additional 8 holes planned to systematically test the Mulga Tank Complex, with further targeting work ongoing.

2023-04-27 08:34:00

WMG: MTD025 Extends Nickel Mineralisation

WESTERN MINES GROUP LTD

Completion of diamond drill hole MTD025 at the Mulga Tank Ni-Cu-PGE Project, intersecting ~446m of high MgO adcumulate dunite with multiple occurrences of visible nickel sulphide mineralisation.
Shallow disseminated mineralisation similar to nearby holes MTD012 and MTD022; Three intersections of high-tenor remobilised massive nickel sulphide veinlets down the hole.
Rig has moved on to drill planned hole MTP024 midway between holes MTD023 and MTD020; Further pads cleared to extend current drilling program with more holes planned following recent capital raise.

2023-04-17 08:31:00

WMG: Capital Raise to Expand Mulga Tank Drilling

WESTERN MINES GROUP LTD

Western Mines Group Ltd successfully raises $2.73 million through placement of ordinary shares, with funds to be used for expanding drilling at the Mulga Tank Project.
Placement conducted by Sanlam Private Wealth and additional placement to major shareholder Equentia Natural Resources, who maintains their interest and support.
Funds support the ongoing diamond drilling program at the Mulga Tank Ni-Cu-PGE Project, with drilling likely to continue for the rest of the year.

2023-04-13 11:04:00

WMG: Aqua Regia Testwork Confirms Nickel Sulphide Association

WESTERN MINES GROUP LTD

Aqua regia testwork on selected intervals from holes MTD012, MTD022, and MTD023 show a high percentage of nickel in sulphide form, with over 97% similarity in results compared to four acid digest.
Shallow intersections of mineralization from the top 200 vertical metres of each hole suggest potential for open pit mining.
Positive results will lead to further metallurgical beneficiation testwork to demonstrate the recovery of nickel sulphide into a high-grade concentrate, supporting the viability of the Mulga Tank Project.

2023-04-06 08:11:00

WMG: MTD023 Assays Confirm Discovery of Significant Nickel System

WESTERN MINES GROUP LTD

Assay results for EIS deep hole MTD023 confirm the discovery of an extensive nickel sulphide mineral system throughout the Mulga Tank Ultramafic Complex.
Elevated Ni and S, along with highly anomalous Cu and PGE, indicate magmatic nickel sulphide mineralisation in high MgO adcumulate dunite host rock.
Multiple broad intersections of disseminated nickel sulphide mineralisation and confirmation of remobilised massive nickel sulphide veinlet mineralisation.

2023-04-05 09:41:00

WMG: Completion of Hole MTD024 at Mulga Tank

WESTERN MINES GROUP LTD

Completion of diamond drill hole MTD024 at the Mulga Tank Ni-Cu-PGE Project, with a ~450m assemblage of komatiite ultramaﬁc and interbedded basalt, chert, and sulphidic black shales.
Intersection of remobilised nickel sulphide veinlet towards the base of the hole, with DHEM and MLEM geophysical targets explained by intersections of banded-semi-massive pyrrhotite within sulphidic black shales.
Validation of the geological model of the Panhandle area as a komatiite channel sequence, but highly variable assemblage suggests the hole is located in a distal ﬂank environment away from the main channel; drilling ongoing with MTP025 in progress.

2023-03-28 09:50:00

WMG: Completion of EIS Hole MTD023

WESTERN MINES GROUP LTD

Hole MTD023 is the deepest hole ever drilled at the Mulga Tank Ni-Cu-PGE Project, with a final depth of 1,401.3m.
Cumulative ~1,200m thickness of high MgO adcumulate dunite was intersected, containing >600m of disseminated magmatic sulphides.
Remobilised massive nickel sulphide veinlets were observed at the base of the hole, indicating clear evidence for a signiﬁcant magmatic nickel sulphide system.

2023-03-06 09:45:00

WMG: MTD022 Assays Confirm Broad Disseminated Mineralisation

WESTERN MINES GROUP LTD

Assay results from Phase 2 hole MTD022 and wedge MTD022W1 show high MgO dunite down the length of the hole.
Multiple intersections show indications of disseminated sulphide mineralisation including remobilised massive nickel sulphide veinlet mineralisation.
Results include 0.5m at 1.42% Ni, 518ppm Cu, 372ppm Co, 0.41g/t Pt+Pd from 553m and 0.15m at 2.73% Ni, 812ppm Cu, 595ppm Co, 0.10g/t Pt+Pd fr.

2023-02-20 10:01:00

WMG: MTD023 - Extensive Mineralised System at Mulga Tank

WESTERN MINES GROUP LTD

Drilling update hole MTD023 (EIS1) - currently at 1,240m depth, the deepest hole ever drilled at the Mulga Tank Ni-Cu-PGE Project.
Cumulative ~1,100m thickness of high MgO adcumulate dunite with >550m containing disseminated nickel sulphide mineralisation.
Multiple broad zones with pXRF nickel readings >0.4% Ni associated with disseminated sulphides - potential for Type 2 Mt Keith-style mineralisation.

2023-02-20 09:48:00

WMG: MTD022 Mineralogical Work Confirms Abundant Pentlandite

WESTERN MINES GROUP LTD

WMG completed mineralogical investigation work on samples from recent Phase 2 hole MTD022 at the Mulga Tank Ni-Cu-PGE Project.
Disseminated sulphides started from ~120m downhole and near the basal contact of the complex, three intersections of high-tenor remobilised massive nickel sulphide were observed.
Four samples of core were collected from different depths down the hole and prepared for mineralogical analysis.

2023-02-08 08:22:00

ASX Briefs...everything...in 3 bullet points

ASX Briefs

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WESTERN MINES GROUP LTD (ASX: WMG)

WMG: Completion of Hole MTD026 and Upcoming MobileMT Survey

WESTERN MINES GROUP LTD

WMG: MTD026 Mulga Tank Drilling Update

WESTERN MINES GROUP LTD

WMG: MTD026 Update and Expansion of Mulga Tank Drilling

WESTERN MINES GROUP LTD

WMG: MTD025 Extends Nickel Mineralisation

WESTERN MINES GROUP LTD

WMG: Capital Raise to Expand Mulga Tank Drilling

WESTERN MINES GROUP LTD

WMG: Aqua Regia Testwork Confirms Nickel Sulphide Association

WESTERN MINES GROUP LTD

WMG: MTD023 Assays Confirm Discovery of Significant Nickel System

WESTERN MINES GROUP LTD

WMG: Completion of Hole MTD024 at Mulga Tank

WESTERN MINES GROUP LTD

WMG: Completion of EIS Hole MTD023

WESTERN MINES GROUP LTD

WMG: MTD022 Assays Confirm Broad Disseminated Mineralisation

WESTERN MINES GROUP LTD

WMG: MTD023 - Extensive Mineralised System at Mulga Tank

WESTERN MINES GROUP LTD

WMG: MTD022 Mineralogical Work Confirms Abundant Pentlandite

WESTERN MINES GROUP LTD