WMG 0.00% 26.0¢ western mines group ltd

Ann: March 2023 Quarterly Activities Report & Cash Flow Report, page-7

  1. 804 Posts.
    lightbulb Created with Sketch. 1201
    I must confess to loving this bit too:

    The uppermost, relatively shallow intersection of mineralisation seen between 118m to 196m depth (78m at 0.28% Ni from 118m, including 20m at 0.38% Ni from 176m) is particularly interesting given it appears to correspond well with similar mineralisation at this depth seen in holes MTD012 and MTD022 approximately1,600m apart.

    I know we knew this......but just to reiterate.....That's (potentially) an ~80m deep 'slab' of 0.28-0.38% NI that runs for a length of 1.6km - and its not even 200m below the surface, with the first 70m of that being sand!!

    If anyone here is from or knows Melbourne - let me share this - if you get off a train at Flinders St station and walk to the MCG......you still have another 300m (25% of your walk) to go, to have walked the length of this 'slab' of mineralisation......and that's just what they have found so far!!

    I ain't done the math, or confess to understandning the viability, cause I'm not that smart, but no wonder CM and the team are keen to define this part of the resource for someone to consider digging it up lickety-split!! cool.png

    EB




 
watchlist Created with Sketch. Add WMG (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
0.000(0.00%)
Mkt cap ! $21.03M
Open High Low Value Volume
26.0¢ 26.0¢ 26.0¢ $12.48K 48.02K

Buyers (Bids)

No. Vol. Price($)
1 5000 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 11196 1
View Market Depth
Last trade - 12.00pm 25/07/2024 (20 minute delay) ?
WMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.