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Western Mines Group

Promotional Strapline: Hold the largest nickel sulphide deposit ever found in Australia.

Primary Ticker:
ASX:WMG

Stage of Development: Exploration, Development

Commodity: Nickel, Cobalt, PGEs, Gold

Country/Region: Australia

Market Cap: USD 10.8M

Website: Western Mines Group

Western Mines Group Ltd (ASX: WMG) is a mineral exploration company focused on nickel sulphide and gold projects in Western Australia. Its flagship, wholly owned Mulga Tank Project hosts an extensive nickel-cobalt-copper-PGE sulphide system on the underexplored Minigwal Greenstone Belt. An October 2026 resource update outlined 2,647Mt at 0.27% nickel, containing approximately 7.2Mt of nickel. The company is advancing exploration for higher-grade mineralisation alongside work towards a scoping study to assess the project’s development potential. Western Mines Group also holds a portfolio of gold and other exploration projects across Western Australia’s major mineral belts, including Jasper Hill, Fraser Range and Mt Narryer.

Management Profile

Dr Caedmon Marriott - Managing Director
Dr Caedmon Marriott combines experience in mineral exploration and equity capital markets, spanning geological exploration, fund management, mining project evaluation and corporate finance. He holds an MSci in Geological Sciences and an MA in Natural Sciences from the University of Cambridge, a PhD in Earth Sciences from the University of Oxford, and is a Chartered Financial Analyst. Before Western Mines Group, he served as Managing Director of ASX-listed gold and nickel explorer Aldoro Resources and private exploration company Hanno Resources. His background brings together technical geological expertise and financial experience to support the company’s exploration strategy and investor engagement.

 

 What are your key goals for the next 3 months?

 Completion of Scoping Study on the large open-pit resource. Interpretation of seismic survey results generating high-grade basal massive sulphide targets.

 

What are your key goals for the next 6 months?

Drill high impact Perseverence-style basal massive sulphide targets in our extensive Type 1-2 hybrid nickel sulphide mineral system. 

 

What are your key goals for the next 12 months?

Ongoing exploration across the Minigwal Belt whilst also moving from Scoping Study to PFS on the existing world class resource.

 

What do you think makes your company such a compelling investment?

Hold the largest nickel sulphide deposit ever found in Australia and likely top 5 in the world. >$150bn in-situ resource value on ~$15m market cap. High-impact high grade exploration upside.