Western Mines Group Ltd (ASX:WMG) Announces Positive Drilling Results
Drilling Highlights
Western Mines Group Ltd (ASX: WMG) has reported significant geochemical assay results from its recent drilling program at the Mulga Tank Project, located in Western Australia’s Eastern Goldfields. The five-hole reverse circulation (RC) drilling campaign confirmed the presence of highly prospective high-MgO komatiite lithologies and nickel sulphide mineralisation, marking a potentially fertile environment for further exploration.
Geological Confirmation
The drilling program successfully validated the interpreted geology, with olivine cumulate and komatiite lithologies encountered in four holes, including visible sulphide mineralisation in holes MTRC062 and MTRC063. The results demonstrate the potential for high-grade nickel sulphide mineralisation consistent with known Kambalda-style mineral occurrences.
Management Commentary
Dr Caedmon Marriott, Managing Director of Western Mines Group, expressed optimism regarding the findings: “With the help of an Exploration Incentive Scheme grant we set out to test our hypothesis and the geological interpretation of the Minigwal Greenstone Belt. The holes were extremely successful, confirming komatiite and olivine cumulate lithologies along with high MgO fertile environments and abundant pentlandite.”
Technical Director Dr Ben Grguric added, “The interpreted komatiitic channels contain thick packages of olivine cumulate rocks, enrichening the prospectivity for nickel sulphides typically found near high-grade positions.”
Future Exploration Plans
Western Mines Group plans to follow up on these results with additional drilling and geophysical surveys to explore further targets identified within the 15km magnetic feature running along the Minigwal Greenstone Belt. Continued exploration efforts could significantly enhance the understanding and potential of the Mulga Tank nickel sulphide mineral system.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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