Western Mines Group (ASX: WMG) has encountered ‘high-tenor’ nickel sulphides within two key zones from the first diamond hole at its flagship Mulga Tank Ni-Cu-PGE Project in Western Australia.
The results, generated from the first of an on-going ten-hole, 4,050m diamond drilling campaign, are described by the company as confirming the overall prospectivity of the project.
Addressing the results, WMG Managing Director Caedmon Marriot said: “The drilling program at Mulga Tank is off to a great start and the team are excited by the results of the first hole. The hole went to plan and confirmed a lot of geological modelling and targeting work.
“The drilling program at Mulga Tank is off to a great start and the team are excited by the results of the first hole”
Two zones of veinlet nickel sulphides were observed that look like they are be remobilised. The key finding is they appear to be higher-tenor nickel sulphides, which enhances the prospectivity of the project and potential for high-grade nickel deposits.”
The company also notes that these recently-discovered nickel sulphides have been observed in veinlets that have potentially been remobilised from a nearby source or accumulation of massive sulphide.
MLEM image at Mulga Tank displaying EM plates and planned drill holesIn addition, results from spot pXRF testing have returned readings of up to 26% nickel, providing further support for a ‘high-tenor’ nickel sulphide system to exist at the project.
Mulga Tank is located in Western Australia’s Eastern Goldfields and is host to a potential ‘significant’ sulphide mineral system across approximately 20km of strike.
The project is 100% owned by WMG, and contains the entire Mulga Tank Dunite Intrusive; a major ultramafic intrusion approximately the same size as the Kambalda Dome camp (35Mt @ 3.1% Ni).
With the current diamond drill campaign ongoing, the company reports that it has moved forward with diamond drill hole MTD013 located to the north, and will continue to test the western basal margin of the intrusion.
Images: Western Mines Group Limited
