Western Mines Group Ltd (AU:WMG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Western Mines Group Ltd has reported encouraging geochemical assay results from Phase 3 drilling at their Mulga Tank Project, with all five reverse circulation drill holes showing broad intersections of nickel sulphide mineralisation. The new findings extend the mineralisation beyond previously explored zones, suggesting a potentially significant, large-scale nickel sulphide deposit that remains open at depth. Notably, high-grade intervals have been discovered, including a 1-meter section with 2.46% nickel and 0.43% copper.
For further insights into AU:WMG stock, check out TipRanks’ Stock Analysis page.