InvestSMART

Western Yilgarn NL (ASX:WYX)

ALERT: Price-sensitive ASX Announcement for WYX
Current share price for WYX : $0.029 -0.012 (-29.27%)+
Announcement
Release
13 Apr 2026 9:43AM
Price at Release
$0.041
Full Release
download
Summary
Western Yilgarn NL (WYX) has announced the granted status over its Gascoyne Gold Projects, specifically focusing on the E09/2986 and E09/2987 tenements within the Gascoyne Province of Western Australia. The projects are situated in the Glenburgh Gold region, a structurally complex area noted for its significant gold mineralisation potential. The granted tenements are underlain by the Dalgaranga Supersuite and possess similar geological characteristics to the Benz gold deposits, suggesting high-priority exploration targets. Seven target zones have been identified based on geophysical data, structural interpretation, and proximity to known mineralisation zones. These targets are considered analogous to the Glenburgh deposits and present significant exploration opportunities for both bulk-tonnage and high-grade gold mineralisation.
Key Points
  • Western Yilgarn NL has been granted tenements E09/2986 and E09/2987 in Gascoyne Province.
  • The Glenburgh Gold region is an emerging gold-bearing district in Western Australia.
  • The Dalgaranga Supersuite underlies the tenements, similar to Benz gold deposits.
  • Seven high-priority target zones identified through geophysical analysis.
  • Significant exploration opportunities for bulk-tonnage and high-grade gold mineralisation.
  • Regions show structural complexity with potential for repeated mineralised lenses.
  • Geophysical signatures at Western Yilgarn's targets mirror those of the Benz gold deposits.
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.