Western Mines Group (ASX:WMG) is continuing to validate its approach of infill drilling at the Mulga Tank Project in Western Australia, upon receiving further assay results from its phase two program.
The phase two reverse circulation (RC) drill program aims to infill around the ‘higher grade’ core area of the JORC exploration target, designed to de-risk, improve confidence, and support resource evaluation.
Western Mines, which has a market capitalisation of $12 million, reports all holes drilled show broad zones of nickel sulphide mineralisation, with elevated nickel and sulphur coincident with highly anomalous copper and platinum group elements.
Hole MTRC025 and MTRC026 both contain continuous intersections greater than 200m returning 214m @ 0.28% Ni and 142 parts per million (ppm) cobalt from 134m; and 226m @ 0.28% Ni and 125ppm Co from 86m, respectively.
Managing Director Dr Caedmon Marriott says the company is starting to receive a steady flow of assay results, with 7 out of 17 holes returned so far.
“Holes MTRC024, MTRC025, and MTRC026 all returned similar results to MTRC016 with broad, consistent intersections of mineralisation greater than 200m in length. This is a positive result that is generally inline with the JORC exploration target modelling work of the lower volume/higher grade end member model for this zone.
As we narrow down the RC drill spacing, and add more results to the drillhole database, we’re increasing our understanding of the complex and starting to see zones or horizons of mineralisation, mappable across several drillholes.
We will look to target these horizons with follow-up drilling, looking for zones of richer, matrix to massive sulphide mineralisation.”
The company says as the drilling density within the central area of the complex increases the results highlight potentially richer zones or horizons of mineralisation.
These horizons can start to be correlated by geochemical signature between drillholes over several hundreds of metres, ‘significantly’ increasing Western Mines’ understanding of the architecture of the complex and supporting follow-up drill targeting for matrix to massive sulphide.
Western Mines has completed 16 of the initial 17 holes of the phase two program, and expects to complete the last RC hole at the end of this week before starting the third Exploration Incentive Scheme.
Western Mines is a mineral explorer focused on the discovery of ‘high-value’ gold and nickel sulphide deposits across a portfolio of ‘highly prospective’ projects that lie on ‘major’ mineral belts of Western Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Western Mines Group
