Western Mines Group (ASX:WMG) has obtained positive geochemical assay results for six reverse circulation (RC) drill holes MTRC009 to MTRC014 at the Mulga Tank Ni-Cu-Co-PGE Project, on the Minigwal Greenstone Belt, in Western Australia’s Eastern Goldfields.
WMG completed a 22 hole RC drilling programme designed to test the extent of shallow disseminated nickel sulphide mineralisation observed across the centre of the Mulga Tank Ultramafic Complex in early November.
Assay results have been received for six holes MTRC009 to MTRC014 which all highlight broad intersections of nickel sulphide mineralisation. MTRC009 results show cumulative 367m of mineralisation, corresponding well to 390m of visible disseminated sulphides observed.
These results continue to confirm the RC drilling was successful in targeting shallow mineralisation with cumulatively around ~50% of the samples from all of the holes showing mineralisation with elevated Ni and S, in combination with highly anomalous Cu and PGE. This uppermost zone appears to be laterally very extensive and these initial results bode well for the remainder of the program.
Numerous intervals of interpreted nickel sulphide mineralisation based on geochemical signature were identified down the holes. All holes show broad zones of nickel sulphide mineralisation – elevated Ni and S coincident with highly anomalous Cu and PGE
A steady flow of results from the RC programme are starting to come through and will be reported to shareholders as and when received,” Managing Director Dr Caedmon Marriott said.
“Results have now been received for 8 of the 22 RC holes and all of them appear to show broad zones of nickel sulphide mineralisation. The holes received so far happen to cluster over the western portion of approximately 2.5km x 1km area tested.
“These are very exciting initial results showing that the drilling has already been successful in demonstrating the lateral continuity, and an extensive volume, of shallow disseminated mineralisation.
“The results highlight that around 45-60% of the samples from these first eight holes show the geochemical signature of mineralisation. These are positive initial results as the program looks to test a volume of some 650,000,000 cubic metres which could host globally significant tonnes of nickel in sulphide.
“The RC drilling dramatically increases the drilling density in this ‘core’ of the Complex and will yield extremely valuable data, as well as beginning to systematically characterise the geology and geochemistry of the system.”
