It is still early days, but subsequent news flow has been very promising.
Further drill assays are pending, and the rig continues to spin as WMG attempts to dial in on the motherlode.
WMG says drill hole MTD026 is currently at ~400m depth “with significant examples of disseminated and remobilised nickel sulphides observed in top 250m”.
The top 250m on this hole appears to contain some of the richest shallow sulphide mineralisation seen so far, WMG managing director Dr Caedmon Marriott says.
The shallow mineralised footprint at Mulga Tank is now ~3.2km long, and “multiple deposits may well be expected given the scale of this clearly well mineralised system”, Marriott says.
Following the company’s recent cap raise a further eight holes have been planned to expand the original Phase 2 drilling program.
Additional drill holes will continue to be added to the program with ongoing targeting work and as results are received, WMG says.
