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How this explorer plans to make a nickel discovery

Western Yilgarn Ida Holmes

Western Yilgarn (WYX) is advancing exploration at pace at its Ida Holmes Junction project in WA, with airborne electromagnetic (AEM) surveying set to be a key enabler for the company.

An AEM survey is set to be completed by the end of June, which will be run concurrently with ongoing auger geochemistry activities. Results from both activities are key components in planning for a maiden aircore (AC) and reverse circulation (RC) drilling program.

“We are excited to launch the much-anticipated AEM component of our exploration program,” Western Yilgarn general manager Gavin Rutherford said.

“The company has focused intently on best in class planning and selection for the AEM campaign and thanks geophycisist Kim Frankcombe and our CP (chartered professional)/geologist Beau Nicholls for their diligent efforts in jointly constructing a program that is technically robust and economical.

“The company regards VTEM (versatile time domain electromagnetic) technology to be ‘best in class’ and looks forward to demonstrating this to shareholders and the market at-large.”

Western Yilgarn has contracted UTS Geophysics to complete helicopter-borne VTEM and magnetic geophysical surveying.

The Ida Holmes Junction project boasts geological similarities to BHP’s West Musgrave nickel-copper-PGE project in WA, with the two assets part of the Mount Holmes gabbro (which has a strike length of more than 400km) in the Warakurna igneous province.

These zones are interpreted as dyke-to-sill transitions, which are highly favourable sites for the accumulation of nickel-copper sulphides within magmatic mafic/ultramafic complexes.

In late-January, Western Yilgarn entered into a joint venture (JV) agreement with Fleet Street Holdings, enabling WYX the opportunity to earn-in between a 51 per cent and 80 per cent interest in four tenements along the Holmes Dyke and Ida Fault.

Through the transaction, Western Yilgarn boosted its Bulga project tenure from 477km2 to 684km2. This agreement paved the way for Bulga to be renamed Ida Holmes Junction.

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