WMG 18.7% 30.5¢ western mines group ltd

Yep Barras, the east is looking encouraging.One of the '3' holes...

  1. 371 Posts.
    lightbulb Created with Sketch. 53
    Yep Barras, the east is looking encouraging.
    One of the '3' holes you mention has been drilled. the west one of the 3 is hole 4. the one that was barren.
    But it looks like it was quite a step out to test. If you look, it had a few extra hundred meters to it to the north.
    The last two will be interesting. the comment 'fibrous' probably referring to Asbestos type material. If so, asbestos is an ultramafic mineral.
    So at least in the right geology. But does not guaranty Ni.

    This is still a long way off. but if you look at the second image using the Perseverance shell. The potential is still there.
    The 300m x 200m drill spacing is very very wide, and to keep getting these grades consistently is quite extraordinary.

    If hole 21 and 22 do have some of interest. It adds huge potential.
    How they are going to pay for all the infill drilling will be interesting! But I think there is no doubt, this will get mined at some stage. Just the bloody scale of it.
    Just keep looking at the Mt Keith/Perseverance Shells. Just have to start joining the gaps between the holes.
    Long term! Unless something before!!
 
watchlist Created with Sketch. Add WMG (ASX) to my watchlist
(20min delay)
Last
30.5¢
Change
-0.070(18.7%)
Mkt cap ! $23.09M
Open High Low Value Volume
37.5¢ 37.5¢ 30.5¢ $222.6K 649.3K

Buyers (Bids)

No. Vol. Price($)
4 31366 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 2666 1
View Market Depth
Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
Last
31.5¢
  Change
-0.070 ( 14.9 %)
Open High Low Volume
37.5¢ 37.5¢ 30.5¢ 83828
Last updated 15.33pm 14/05/2024 ?
WMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.