WMG western mines group ltd

Ann: Half Year Financial Report to 31 December 2024, page-5

  1. 1,777 Posts.
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    Yes Mr Boy one just about needs to hire private investigator to find out what is happening .

    But there are rumours,

    Seems like a few guy's were tweeting about the subject before Christmas, but all of the accounts involved have since been deleted , funny that .

    Where there is smoke .

    Updates Post-December 2024
    • X Posts (Dec 2024): A user (
      @GoldDiggerWA
      , Dec 15, 2024) posted: “WMG lining up rigs for Jasper Hill in 2025—3km trend could be a sleeper hit.” Another (
      @ASXProspector
      , Dec 20) noted: “Hearing $5-10M raise in play—Jasper Hill drill results could move the needle.”
    Analyst Chatter: A Junior Mining Network snippet (Jan 2025) speculated WMG might twin 1980s holes to validate grades, boosting investor interest if successful. Unverified, but plausible given historical data’s age.
    Source: Junior Mining Network (juniorminingnetwork.com), a site aggregating news and commentary on junior mining stocks. The “snippet” refers to a brief mention—likely from a news roundup, company profile, or analyst note—published in January 2025.
    Content: The speculation is that WMG could “twin” (redrill near or duplicate) the 1980s holes (e.g., AJ10: 14m at 1.58 g/t Au, including 2m at 8.1 g/t; PDH03: 18m at 1.28 g/t, including 4m at 3.35 g/t) to confirm their gold grades and continuity. Twinning validates old data by modern standards, crucial for JORC compliance and investor confidence.

    From today's report it would seem that our very clever team have successfully "Twined" the historical soil samples and are most likely designing a drill program.
    2025 RC Drilling Campaign: Jasper Hill Project
    Overview of the Plan
    Rumour has it that Western Mines Group (WMG) is preparing for an RC drilling campaign at the Jasper Hill Project in 2025, targeting deeper extensions of the mineralized gold trend identified in the 1980s. The campaign is slated to involve 1,500-2,000 meters of drilling, focusing on the 3 km strike length where historical shallow RAB and RC holes (e.g., 14m at 1.58 g/t Au, 2m at 8.1 g/t Au) showed promise but lacked follow-up.
    • Objective: Test mineralization below the shallow depths (14-18m) of historical intercepts, likely aiming for 50-150m depths to assess continuity and potential for a JORC-compliant resource. The high-grade zones (e.g., 8.1 g/t, 3.35 g/t) suggest structurally controlled pods that could extend deeper along shears or BIF contacts typical of the Merolia Greenstone Belt.
      Timing: No exact start date is confirmed as of March 12, 2025. X posts from December 2024 and analyst speculation point to Q1 or Q2 2025, contingent on funding and permits.

    Drilling Details
    • Scope: 1,500-2,000m translates to roughly 10-15 holes at 100-150m each, depending on spacing and target refinement. This would be a modest program for a junior , designed to infill the wide-spaced 1980s grid (likely 100-200m apart) and probe deeper.
    • Targets: Likely prioritized around the best historical intercepts (AJ10, PDH02, PDH03), focusing on the 3 km trend’s structural controls. Modern geophysics (e.g., magnetics, IP) could refine these, though no public data confirms such surveys by March 2025.
    Drilling Approvals: RC drilling requires a Program of Work (PoW) under WA’s Mining Act, submitted to DMIRS with environmental and heritage clearances. For 1,500-2,000m, this is routine (4-8 weeks approval), especially as Jasper Hill’s prior open-pit history suggests low heritage risk. X chatter implies WMG has started this, but no ASX confirmation exists as at today


    I don't know anything,

 
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