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32.0¢ western mines group ltd

Ann: All Phase 2 RC Holes Show Broad Sulphide Mineralisation, page-16

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Tbone1770

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14/05/24

12:23

Post #: 73814456
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Originally posted by jeremy8888: ↑

The new Phase 2 results are generally inline, or better than, the modelling work with consistent mineralisation
seen between the holes. The broad ~200m intervals, with grades of around 0.28% to 0.31% Ni, were generally
defined by coincident 0.16% Ni and 0.1% S cut-offs, with only very minimal inclusion of material below mineable
widths. At higher cut-offs these results should comfortably increase to averages over 0.30% Ni, inline with the
Company’s target for the central core of several hundred million tonnes at better than 0.30% Ni grade.

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Hello Jeremy
I love this bit..
'Company’s target for the central core of several hundred million tonness at better than 0.30% Ni grade.'
I'll do some math just for the fun it..
700 000 000 x .3 % = 2 100 000 T of contained Ni ... Correct me if I'm wrong
2 100 000 x Ni AUD 28 548/T = 59 950 800 000 that's a big baby mulga monster number.. Am i correct

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WMG Price at posting: 35.0¢ Sentiment: Hold Disclosure: Held
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