WESTERN MINES GROUP LTD (ASX:WMG) - Ann: Continuous Mineralisation in Upper Part of MTD029, 74641289, page-50 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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crustbuster

1,001 Posts.

506

07/07/24

10:29

Post #: 74641289
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Originally posted by crustbuster: ↑

"They have a very large low grade sulphide nickel deposit and they need to find a sweet spot of high grade to help get the economics over the line. WMG are still looking hard for the sweet spot in a huge deposit. They are at the same time proving up the low grade resource. "

With regards to your observations above I have 2 Questions for @GeoFiji (I don't expect a reply)

Knowing the calibre of our exploration team and witnessing the systematic vectoring process being employed across the 25 Square intrusion over the past 3 years , Structural Vectoring® in Mineral Exploration - Vektore Structural Geology and Technology and having the knowledge that MRC09 - vertical BHP hole (1983) on the intrusion margin showed 6m at 0.94% Ni from 63m to end of hole, including 2m at 2.00% Ni from 67m to end of hole and staying well away from that area making it seem like finding a close to surface "Sweet spot of high grade" has not been a priority .

Do you believe that our Rock Doctors are unaware of the existence of the location of the "Sweet Spot/Spots" ? I don't.

What in your opinion would be keeping our management team awake at night ? I think it would be an opportunist Billionaire taking it off us for a song .

I don't know anything,

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WMG Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
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