Western Mines Group (ASX:WMG) said that a single hole drilled at the Mulga Tank Project in Western Australia intersected four broad zones of disseminated nickel sulfide mineralization, according to a Wednesday filing with the Australian bourse.
The results include 266 meters at 0.34% nickel, 146 parts per million cobalt, 86 ppm copper, and 37 parts per billion of platinum and palladium from a depth of 1,192 meters, the filing said.
Company shares rose 4% in recent trade.
Price (AUD): $0.14, Change: $+0.0050, Percent Change: +3.85%
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