- Western Mines Group (WMG) strikes visible nickel in the second diamond hole of a planned 10-hole program at its Mulga Tank project in WA’s Eastern Goldfields
- The company says it identified at least four zones of visible nickel sulphides in the hole, confirming the project’s prospectivity for high-grade nickel sulphide mineralisation
- The company has now moved its drilling rig north and kicked off the drilling of the next hole in the program
- All up, Western Mines plans to drill for 4050 metres through the diamond program, with work designed to test drill targets highlighted through geological targeting work
- Shares in Western Mines are steady to 22 cents each at 11:43 am AEST
Western Mines Group (WMG) has struck visible nickel in the second diamond hole of a planned 10-hole program at its Mulga Tank nickel-copper-platinum group elements (PGE) project in WA.
The company said it identified at least four zones of visible nickel sulphides in the hole, with spot portable X-ray fluorescence (pXRF) analyses of nickel sulphides returning readings of up to 17.9 per cent nickel.
This confirmed WMG’s modelling of the intrusion and the prospectivity of the project for high-grade nickel sulphide mineralisation, according to the company.
Managing Director Caedmon Marriott said Western Mines was now “two from two” from its diamond drilling program.
“Similar to the first hole, high-tenor nickel sulphide mineralisation was observed that appears to be remobilised given the blebby, veinlet and stockwork-like textures,” Mr Marriott said.
“Overall, the nickel mineralisation is more frequently occurring in this second hole compared to the first.”
Western Mines plans to drill for 4050 metres in total through the diamond drilling program, with work designed to test several drill targets highlighted through the company’s geological targeting work.
The company has now moved its drilling rig north and kicked off the drilling of the next hole in the program. This third hole will be drilled to around 450 metres deep.
Western Mines said while its pXRF analysis work was encouraging, this type of data was an exploration tool and a guide only, with the lab assays still necessary to determine the actual width and grades of mineralisation from drilling.
The company said it would update shareholders when lab results become available.
Shares in Western Mines were steady to 22 cents each at 11:43 am AEST.