Western Mines Group Ltd (ASX:WMG)

Caedmon Marriott
MD
Market Cap (AUD): 5.7M
Sector: Materials
Last Trade (AUD): 0.18 +0 (+0%)
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1. About

Western Mines Group Ltd (ASX:WMG) is a mineral exploration company focused on exploration and discovery of high-value gold and nickel sulphide deposits across a portfolio of highly-prospective projects located on major mineral belts of Western Australia.

The company's flagship project and current primary focus is the Mulga Tank Ni-Cu-PGE Project, a major dunite intrusive found on the Minigwal Greenstone Belt. Previous work shows significant evidence of a working sulphide mineral system. It is considered highly prospective for Ni-Cu-PGE mineralisation.

WMG holds other projects across major WA mineral belts including Melita (Au), midway between Kookynie and Leonora in the heart of the WA Goldfields and Jasper Hill (Au), with numerous prospective gold trends extending from the adjacent Lord Byron and Fish historic gold mines. 

Western Mines is also actively exploring Youanmi (Au), Pavarotti (Ni-Cu-PGE), Rock of Ages (Au), Broken Hill Bore (Au) and Pinyalling (Au).

2. Business model

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6. History

7. Team

8. Financials

9. Risk