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Western Yilgarn NL (ASX:WYX)

ALERT: Price-sensitive ASX Announcement for WYX
Current share price for WYX : $0.027 -0.006 (-18.18%)+
Announcement
Release
15 Dec 2025 9:38AM
Price at Release
$0.033
Full Release
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Summary
Western Yilgarn NL has commenced ground exploration activities at the Ida Holmes Junction Project, focusing on high-priority geochemical and structural anomalies for minerals such as gallium, gold, cobalt, and nickel. This follows the formal execution of an Access Agreement for the Cardea 2 Bauxite Project, marking a significant step in advancing their portfolio of alumina and critical mineral assets within the Darling Range. The company continues to progress its multi-commodity strategy, aiming to enhance shareholder value by developing multiple standalone project areas. The Cardea 2 Project currently holds an Inferred Mineral Resource Estimate of 20 million tonnes, enriched with alumina, which Western Yilgarn plans to further evaluate and develop.
Key Points
  • Western Yilgarn NL has secured an Access Agreement for the Cardea 2 Bauxite Project in Western Australia.
  • Ground exploration commenced at Ida Holmes Junction Project targeting high-priority gallium, gold, cobalt, and nickel anomalies.
  • Initial work includes mapping, geochemical sampling, and environmental assessments.
  • The Cardea 2 Project hosts an Inferred Mineral Resource Estimate of 20Mt at 32.1% Al2O3.
  • Western Yilgarn is advancing its multi-commodity strategy with a focus on bauxite and critical minerals.
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.