WMG 0.00% 18.5¢ western mines group ltd

Ann: June 2023 Quarterly Activities Report & Cash Flow Report, page-37

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  1. 1,075 Posts.
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    WMG’s main focus for the period continued to be the flagship Mulga Tank Ni-Cu-PGE Project where results
    further demonstrate the discovery of a major nickel sulphide mineral system.


    Exploration continues to confirm the discovery of an extensive working nickel sulphide mineral
    system with significant intersections of Type 2 Mt Keith-style disseminated mineralisation


    Drilling still in progress at hole MTD027 current depth ~1,150m

    The hole was anticipated to intersect the footwall of the intrusion at around 750m, based on the Company’s lopolith
    shaped geological model of the main body, but the drilling so far appears to show the eastern margin of the
    Complex is much steeper dipping than the western margin.

    The Company will update shareholders on the results of this hole once it is complete .


    The quiet confidence of this management and it's focus on the "Flagship Project" (Not deviating our resources away from the main game) is very comforting for this happy shareholder, as always no news is good news.

    I wonder how the metal recovery flowsheet is coming along.

    I don't know anything,



 
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