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Western Mines Unveils Massive Nickel Sulphide Zones and Secures Key Royalty Deal
9:50am on Thursday 30th of January, 2025 AEDT
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Mining
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Western Mines Unveils Massive Nickel Sulphide Zones and Secures Key Royalty Deal
9:50am on Thursday 30th of January, 2025 AEDT
Key Points
Phase 3 RC drilling confirms broad nickel sulphide mineralisation with multiple ~200m intersections
Petrological analysis identifies pentlandite as dominant nickel sulphide mineral
Royalty extinguishment deal completed on key Mulga Tank tenement, unlocking funding options
Capital raise of $1.23 million supports ongoing metallurgical testing and resource modelling
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