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Western Mines Group Ltd (ASX:WMG)

ALERT: Price-sensitive ASX Announcement for WMG
Current share price for WMG : $0.160 -0.01 (-5.88%)+
Announcement
Release
24 Aug 2026 9:09AM
Price at Release
$0.170
Full Release
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Summary
Western Mines Group Ltd has released the first Phase 5 assay results from its Mulga Tank Project in the Eastern Goldfields of Western Australia. The results from holes MTRC079 to MTRC082 show significant nickel sulphide mineralisation with elevated levels of nickel, cobalt, copper, and platinum group elements (PGE). Notably, hole MTRC080 demonstrated 235 meters at 0.28% Ni, 134ppm Co, and 228ppm Cu. The robust sulphide mineralisation in holes MTRC080 and MTRC082 indicates promising zones of mineralisation, including intervals with higher concentrations of nickel and copper. These findings are part of an ongoing exploration effort focused on identifying high-grade mineral zones within the Mulga Tank Complex.
Key Points
  • Geochemical assay results received for holes MTRC079 to MTRC082 at Mulga Tank.
  • All holes show broad zones of nickel sulphide mineralisation.
  • MTRC080 returned 235m at 0.28% Ni, 134ppm Co, 228ppm Cu.
  • Robust sulphide mineralisation observed in holes MTRC080 and MTRC082.
  • Consistent intervals of higher grade results in MTRC080.
  • The first Phase 5 assay results indicate promising mineralisation potential at Mulga Tank.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.