Latest Western Mines (ASX:WMG) News

Western Mines Group has streamlined its exploration portfolio by divesting non-core tenements and acquiring two promising greenfield nickel-copper sulphide projects along the Yilgarn Craton margins, aligning with its magmatic sulphide expertise.

Critical minerals and gold explorers drove the biggest moves, with OD6 Metals, Jindalee Lithium and Resolution Minerals leading the weekly board. Investors chased drill hits, fresh funding and deal news, while stocks that reopened after trading halts split between sustained buying and quick give-backs.

Western Mines Group Ltd (ASX:WMG) has released assay results from three Phase 4 reverse circulation drill holes at its Mulga Tank Project, confirming broad zones of nickel sulphide mineralisation with notable high-grade intervals. Drilling continues amid weather and fuel supply challenges.

Western Mines Group has signed a Memorandum of Understanding with Magnium Australia to explore supplying magnesite from the Mulga Tank Project for low-carbon magnesium metal production. This collaboration could add a new revenue stream by monetising a previously overlooked magnesite cap.

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Western Mines Group has revealed a landmark nickel sulphide discovery at its Mulga Tank project in Western Australia, boasting 5.3 million tonnes of contained nickel and ranking among the world’s top 10 deposits.

Western Mines Group is set to commence a major Phase 5 drilling campaign at its Mulga Tank nickel project, targeting high-grade zones and expanding its resource base with a mix of reverse circulation and diamond drilling.

Western Mines Group has revealed extensive nickel sulphide mineralisation in the diamond tail of drill hole MTRC011 at its Mulga Tank Project, confirming two promising mineralised horizons that could double the site's resource potential.

Western Mines Group has reported significant progress in its Mulga Tank nickel project with deep drilling revealing extended high-grade sulphide zones, supported by a $3.72 million capital raise and government grants to fund further exploration.

Western Mines Group has launched its 2026 exploration drilling campaign at the Mulga Tank nickel project, backed by recent capital raises and government grants. The program aims to expand and confirm high-grade nickel sulphide resources in Western Australia’s Eastern Goldfields.

Western Mines Group reports significant nickel sulphide mineralisation from deep diamond drilling at its Mulga Tank project, reinforcing its vision of a large-scale hybrid nickel system. Drilling will resume in January 2026 to extend these promising results.