WMG 3.70% 26.0¢ western mines group ltd

Ann: MTD025 Extends Nickel Mineralisation, page-1044

  1. 2,689 Posts.
    lightbulb Created with Sketch. 940
    Could Mulga Tank have massive sulphide mineralisation?

    The Bard

    It is possible that Mulga Tank could have massive sulphide mineralisation.

    The area has a history of nickel-copper-PGE mineralisation, and recent drilling has identified disseminated sulphide mineralisation. Massive sulphides are typically found in mafic and ultramafic rocks, and the Mulga Tank area is underlain by dunite, a type of ultramafic rock. Additionally, the area has a history of volcanic activity, which is a common precursor to massive sulphide formation.

    However, it is important to note that there is no guarantee that Mulga Tank will have massive sulphide mineralisation. More drilling is needed to confirm the presence of this type of mineralisation.

    Here are some of the evidences that suggest the possibility of massive sulphide mineralisation at Mulga Tank:

    • The area has a history of nickel-copper-PGE mineralisation.
    • Recent drilling has identified disseminated sulphide mineralisation.
    • The area is underlain by dunite, a type of ultramafic rock.
    • The area has a history of volcanic activity.

    However, it is important to note that there is no guarantee that Mulga Tank will have massive sulphide mineralisation. More drilling is needed to confirm the presence of this type of mineralisation.
 
watchlist Created with Sketch. Add WMG (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
-0.010(3.70%)
Mkt cap ! $21.03M
Open High Low Value Volume
26.8¢ 27.5¢ 26.0¢ $8.042K 29.48K

Buyers (Bids)

No. Vol. Price($)
2 3241 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 4700 2
View Market Depth
Last trade - 15.45pm 29/08/2024 (20 minute delay) ?
WMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.