- Western Yilgarn (WYX) reports “promising” results from ongoing exploration activities at its Bulga project in WA
- The company completed a historical data review of the project, which identified nickel intercepts, including 45 metres at 0.55 per cent nickel and 229 parts per million (ppm) cobalt from 24 metres
- The company says the intercepts defined a “highly fertile” and “poorly explored” ultramafic belt, over which it completed a phase two auger geochemistry program
- The company is now planning a reverse circulation (RC) drilling campaign
- Western Yilgarn is up 11.1 per cent and trading at 10 cents at 10:36 am AEST
Western Yilgarn (WYX) has reported “promising” results from ongoing exploration activities at its Bulga project in Western Australia.
The company completed a historical data review of Bulga, which included a 944-metre first pass air core program by BHP (BHP) and Nickel West in 2011, and an 831-metre reverse circulation (RC) program by St George Mining (SGQ) in 2015.
The review defined nickel intercepts, including 45 metres at 0.55 per cent nickel and 229 parts per million (ppm) cobalt from 24 metres with 20 metres at 0.83 per cent nickel and 213 ppm cobalt.
Additional hits included 48 metres at 0.34 per cent nickel and 174 ppm cobalt from 48 metres, with 18 metres at 0.51 per cent nickel and 246 ppm cobalt.
The intercepts were found over a nine-kilometre trend of 500-metre spaced lines, with holes 100 metres to two kilometres apart.
The company reported the intercepts defined a “highly fertile” and “poorly explored” ultramafic belt.
Western Yilgarn has now completed a phase two auger geochemistry program over the zone, with more than 2000 samples now at Intertek Laboratories for analysis.
Western Yilgarn Chair Peter Lewis said it was “extremely gratifying” to see the company’s methodical exploration approach paying off so early in the program.
“The complex nature and therefore potential of the geology at Bulga prompted our exploration team to interrogate the soils on a macro basis whilst revisiting historical drill hole results completed by two previous companies,” he said.
“In addition, our team was able to visit the subject holes and retrieve further samples. The news is good. Our assay results are now eagerly awaited.”
The company is now planning a reverse circulation drilling campaign for the area.
Western Yilgarn was up 11.1 per cent and trading at 10 cents at 10:36 am AEST.