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Western Mines (ASX:WMG) - Managing Director, Caedmon Marriott - The Market Herald
Managing Director, Caedmon Marriott
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  • Western Mines (WMG) updates the market regarding recent activities at the Rock of Ages Project in Western Australia
  • In June, the company carried out its first site visit to the project to undertake geological mapping and rock chip sampling
  • Results from the rock chip samples confirm the high-grade nature of the project with up to 13.85g/t gold returned
  • Western Mines is now in the process of modelling historical holes to plan a five to 10-hole maiden drilling program
  • Shares in Western Mines are up 5.88 per cent and trading at 18 cents at 3:43 pm AEST

Western Mines (WMG) has updated the market regarding recent activities at the Rock of Ages Project.

The Rock of Ages Project lies roughly 32 kilometres southeast of Laverton within the Eastern Goldfields Province in Western Australia.

Historical work indicated 2074 ounces of gold was mined between 1902 and 1911 at an average grade of 50 grams of gold per tonne (g/t).

In June, Western Mines carried out its first site visit to Rock Of Ages to undertake geological mapping and rock chip sampling.

Results from the rock chip samples confirm the high-grade nature of the project with up to 13.85g/t gold returned.

During this visit, Western Mines located the drill collars of seven historical reverse circulation holes drilled by Esmeralda Exploration in 1985.

It is noted that Esmeralda attempted to drill underneath historical workings with the holes drilled to a maximum depth of 50 metres and an average depth of 42 metres.

Unfortunately, the drilling was largely ineffective encountering either mined out stopes or hanging wall.

Western Mines is now in the process of modelling these holes to plan a five-to-10 hole maiden drilling program.

Managing Director Caedmon Marriott is excited to begin drilling.

"WMG is very much gearing up for our maiden company drilling program at the Rock of Ages Project and is encouraged by our recent fieldwork and interpretation," Mr Marriott said.

"This is the first of a number of exploration updates shareholders can look forward to over the next few weeks."

Shares in Western Mines were up 5.88 per cent and trading at 18 cents at 3:43 pm AEST.

WMG by the numbers
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