Western Mines Group lands $250,000 EIS award for Mulga Tank seismic

• Successful award in government’s co-funded geophysics program
• Funding going towards seismic geophysical survey at Mulga Tank
• WMG plans to complete a 35 sq. km seismic survey across main body of ultramafic complex
• Survey looking to image the 3D architecture of the complex

Western Mines Group (ASX:WMG) has been granted $250,000 to fund an active seismic geophysical survey at the Mulga Tank project under the WA state government’s co-funded geophysics program 2026-2027.

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The company was successful in its application and has been awarded the maximum $250,000 of co-funding towards 50% of costs of an active seismic survey targeting the main body of the Mulga Tank ultramafic complex within tenement E39/2132.

Chairman, Rex Turkington, said the company intends to use this funding to conduct a 35 sq. km active seismic survey looking to image the architecture of the Mulga Tank ultramafic complex and its emplacement within the Minigwal greenstone belt to aid targeting of the basal contact for perseverance-style massive nickel sulphide deposits.

“Once again, congratulations and great work by Caedmon, Ben and the exploration team for another successful EIS application. We’ve waited three years for the regional EIS geophysical program to reach the Mulga Tank project area and we’re very pleased to receive the maximum $250,000 award towards a seismic survey,” he said.

“This survey will help unlock the 3D architecture of the Complex and combined with our other datasets will greatly aid our understanding and targeting of perseverance-style basal massive sulphide accumulations.”

Exploration at Mulga Tank over the last three years has identified significant nickel sulphide mineralisation and an extensive nickel sulphide mineral system within the ultramafic complex.

WMG has completed a combination of both diamond and reverse circulation (RC) drilling.

To date it has reported a mineral resource estimate (MRE) of more than five million tonnes (Mt) of contained nickel, whilst a diamond drilling program continues to test deeper targets for basal massive sulphide.

Mr Turkington told shareholders the proposed 100 line kilometre survey will be instrumental in visualising the 3D architecture of the complex and in particular mapping the prospective basal contact and possible feeder vent.

“Integrating the survey results with existing magnetic and gravity 3D datasets, will improve the wider understanding of the Minigwal greenstone belt and could help uncover the overall magma pathway through the belt – aiding belt-wide targeting of nickel sulphide deposits.”

The planned survey envisages approximately 65km line km of 2D seismic lines and a further approximately 35 line k, of receiver only lines. The lines are orientated in N-S and E-W directions, with active lines at approximately one km spacing and receiver only lines infilling to approximately 500m spacing.

WMG is steady at 19.0¢. Mkt cap $21.61M.

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