Western Mines Group (ASX:WMG) has completed an airborne MobileMT (MagnetoTellurics) geophysical survey at the Mulga Tank Nickel-Copper-Platinum Group Elements (Ni-Cu-PGE) Project in Western Australia.
The $27.73 million market capitalisation company conducted the survey with Expert Geophysics, with the aim of further unlocking 3D architecture and targeting accumulations of massive nickel sulphide.
Preliminary results are expected in the next few weeks, with the final 3D dataset expected in 4 to 6 weeks.
Commenting on the project, Western Mines Group Managing Director Dr Caedmon Marriott says: “We’re pleased to have successfully completed a MobileMT survey at the Mulga Tank Project. Expert Geophysics were able to efficiently use weather windows to complete both testing and the survey itself in a timely manner.
“Expert Geophysics were able to efficiently use weather windows to complete both testing and the survey itself in a timely manner”
The survey is part of our systematic exploration strategy to unlock further knowledge of the Mulga Tank Complex. This cutting edge technology is capable of deep 3D geoelectrical mapping of resistivity and conductivity down to more than 1km and we hope may be well suited to directly detecting deep massive sulphide targets at the project.
We look forward to receiving the results over the next few weeks, to feed into and refine our ongoing drilling program at the project.”
The company notes that this survey is another step towards its systematic exploration strategy, alongside using cutting edge technologies at the Mulga Tank Project.
Western Mines Group is a mineral exploration company, focused on its flagship Mulga Tank Ni-Cu-PGE Project, located in Western Australia. As of 30 June 2023, the company had $3.272 million cash and cash equivalents at hand, according to its latest quarterly report published on 27 July 2023.
Images: Western Mines Group
