Western Mines Group Ltd has detailed an ambitious program to restart exploration at its Mulga Tank Ni‑Cu‑Co‑PGE Project in Western Australia’s Eastern Goldfields. The renewed drilling campaign, set to begin this week and extend into the third quarter of 2025, combines reverse circulation (RC) and diamond drilling to both infill and expand upon a recently announced Mineral Resource Estimate that identified over 5 Mt of contained nickel. The program is supported by fresh capital and two successful Exploration Incentive Scheme grants totalling $440,000, which underpin efforts to test high-grade targets and basal massive sulphide accumulations within the complex. The company’s strategy features a multi-pronged approach. Initial RC drilling will step out around 300 m south of previous core areas, aimed at expanding the resource footprint through shallow intersections around 0.40% nickel – potentially defining starter pit areas. In parallel, a detailed Down Hole ElectroMagnetic survey targeting previous high-grade RC holes, including those that returned an intersection of 5 m at 1.92% nickel in one instance, will assist in planning follow-up diamond drilling. This diamond drilling program will test deeper targets along the western margins and within interpreted komatiite channels identified by regional surveys, further bolstering the evidence for a hybrid sulphide system that exhibits both cotectic precipitation and gravity settling features. The technical indicators outlined in the announcement are encouraging. Noteworthy drilling results include significant high-grade intervals at multiple depths across diverse holes, such as up to 140 m at 0.49% nickel in one area, which supports the company’s confidence in finding additional massive sulphide accumulations. The use of DHEM surveys and strategic follow-up drill holes is expected to improve targeting accuracy and enhance the overall resource model. From an investor sentiment perspective, the news is bullish. The detailed drilling plans, strong technical data, and the ability to leverage government grants suggest robust potential for significant resource expansion and improved project economics. The balanced approach of combining cost-effective RC drilling with selective, impact-focused diamond drilling positions the company well for value growth. In contrast, the inherent exploration risks—such as fluctuations in nickel prices and the challenges of extrapolating high-grade zones over a broad area—present bearish cautions. Nonetheless, the methodical progression of the exploration program, backed by previous high-grade successes and a solid capital base, should reassure investors with a moderate appetite for risk. Overall, Western Mines Group Ltd’s methodically planned exploration activity at Mulga Tank underscores its commitment to unlocking additional value in one of Australia’s largest nickel sulphide deposits, an outlook that is likely to resonate well with early-stage traders and investors focused on emerging mining opportunities.