WYX - Western Yilgarn

Dona Ferentes said:

... in this instance, being ahead of the curve brings lttle benefit!!

Click to expand...

WYX would have been a good tip for Nov comp.. Just sayin'

.
Julimar West Exploration Licence Granted

HIGHLIGHTS
• WA Government confirms granting of WYX's 100% owned Julimar West Exploration Licence located within 2.5km of the world-class Gonneville Ni-Cu-PGE discovery.
• WYX exploration programme to commence with an airborne EM survey to test for extensions and repetitions of the Gonneville style of mineralisation, which trendstowards the Julimar West licence area.
• Julimar West Exploration Licence is an extensive permit of 348.7km2 striking over ~50km with limited to no modern-day exploration completed.

trading halt is requested pending an announcement in connection with a proposed capital raising.

was 8.7c
.
and recently 5th Feb...
Joint Venture Agreement Executed with Fleet Street Holdings

HIGHLIGHTS
• Execution of the formal Joint Venture Agreement with Fleet Street Holdings secures WYX exclusive rights to explore and earn into the Holmes Dyke Gabbro.
• WYX’s control of the significant Ida Holmes Junction landholding establishes a range of highly prospective exploration opportunities for the Company.

and that will need money

Dona Ferentes said:

trading halt pending an announcement .. with a proposed capital raising..
and ....
Joint Venture Agreement Executed with Fleet Street Holdings

Click to expand...

Gonneville slipping off radar (don't even mention Julimar), now focusing on Ida Holmes Junction

• WYX: Pioneering explorers
• Holmes Dyke and Ida Fault remains untested
• Ida Holmes Junction centred in WYX tenements ..."we own the intersection"
• Agreement with Fleet Street to add 207km2 to existing 477km2 landholding for ~684km2
• Holmes Dyke Gabbro is in same host rock and age to BHP’s West Musgrave (Babel-Nebo) Tier 1 Ni-Cu-PGE project: 390Mt @ 0.31% Ni + 0.33% Cu*
• 3 discrete macro focus areas:
1. Holmes Dyke Gabbro
2. Ida Fault
3. The Junction

at 8.3c

HIGHLIGHTS
• Firm commitments received for $1.15m placement at $0.08/share with one free attaching option for every two shares subscribed for
• Placement proceeds will be used to advance exploration at the Company’s flagship assets at the Ida Holmes Junction and the Julimar West Projects in Western Australia

Dona Ferentes said:

at 8.3c

HIGHLIGHTS
• Firm commitments received for $1.15m placement at $0.08/share with one free attaching option for every two shares subscribed for

Click to expand...

and now mentioning Gallium

Julimar West Bauxite Project (WA)
• The Julimar West Bauxite Deposit Inferred Mineral Resource Estimate stands at: 168.3Mt at 36.1% Total Al203 & 14.7% Total SiO2 (Cut-off: ≥25% Al2O3). Using a >35% Al2O3 cut-off grade, the Julimar West Bauxite Deposit stands at 97.1Mt at 40.5% Total Al2O3 and 11.3% Total SiO2.
• In total, all MRE Zone dimensions are 21.3km in strike by avg 1.5km in width with mineralisation extending from surface down to 8 vertical metres.
• Strong foundation for further resource growth through planned:
Area 1: Untested extensional drilling north of Zone 200 along 13.3km strike by 6.3km in width incorporating drilling over Area 9 Wannamal Bauxite Prospect.
Area 2: Untested extensional drilling east of Zone 200 along 10.4km strike by 5.4km in width incorporating drilling over Zone 600.
Area 3: Infilling drilling between Zones 100 and 400 over 6.5km strike.
Area 4: Untested extensional drilling between Zone 400 down to Area 4 – Julimar Prospect approximately 22km strike by 3.85km in width which remains untested for bauxite mineralisation.
• Significant potential to host an economic bauxite resource of sufficient size and quality to support a small to medium scale direct shipping ore operation supplying bauxite for seaborne export to established alumina refineries in China and the Middle East.

New Norcia Gallium-Bauxite Project (WA)
• The Company has applied for an Exploration Licence over the Norcia Gallium-Bauxite Project (E70/6705) situated within the Darling Range Bauxite Mineral Field, approximately 25km north of the Julimar West Bauxite Project north of Perth, Western Australia.
• Historical aircore drilling delineated high-grade gallium results includes:
• ABAC002: 9m at 95.83 g/t Ga2O3 from surface
• ABAC003: 2m at 134.3 g/t Ga2O3 from surface
• ABAC007: 6m at 110.24 g/t Ga2O3 from surface
• ABAC008: 9m at 110.28 g/t Ga2O3 from surface
• ABAC011: 8m at 90.22 g/t Ga2O3 from surface
• Historical high-grade vacuum & aircore drilling results include:
• ABAC011: 7m at 50.39% Total Al2O3, 29.83% Available Al2O3 and 3.4% Reactive SiO2 from surface
• WOC030: 5m at 42.39% Total Al2O3, 33.2% Available Al2O3 and 5.5% Reactive SiO2 from surface
• WOC041: 7m at 47.71% Total Al2O3, 34.72% Available Al2O3 and 3.75% Reactive SiO2 from 1 metre

Corporate
• WYX appointed John Ciganek as a Non-Executive Director of the Company
• Firm commitments received for a $520,000 placement at $0.036 per share.

$0.023


HIGHLIGHTS
• On 3 April 2025, the Western Australia Department of Energy, Mines, Industry Regulation and Safety granted Exploration Licences E70/6702 and E70/6703 over the Cardea 1 and 2 Bauxite Projects.
• The projects are located in the Darling Range Bauxite Mineral Field, approximately 16.5km southeast of the Julimar West Bauxite 168Mt Resource Project, north of Perth.
• 316 vacuum drillholes have been completed over Cardea 2, with 117 holes analysed for available alumina (Av. Al2O3) and reactive silica (Re SiO2).
• Results show high-grade bauxite with >35% Av Al2O3 and an average of 4% Re SiO2.

$0.033


Highlights
• The Company has expanded its mineralised footprint within the Darling Range Bauxite Mineral Field with the purchase of the Cardea 3 Bauxite Project (E70/6727), located approximately 17.5km east from the Company’s 168Mt Julimar West Bauxite Project, north of Perth in Western Australia.
• Consideration for the purchase comprise a cash deposit of $5,000 upon execution of the term sheet, and a further cash payment of $20,000 and an issue of $25,000 of fully paid ordinary shares in the Company at an issue price equal to the 20-day VWAP prior to the date of the agreement once the exploration licence application is granted.
• A total of 422 vacuum drillholes have been completed at the Cardea 3 prospect, with 139 of these analysed for available alumina and reactive silica.
• Results from Cardea 3 indicate high-grade bauxite, with Available Al₂O₃ exceeding 34.5% and an average Reactive SiO₂ content of 3.14%. Available alumina refers to the portion of Al₂O₃ that can be extracted under Bayer process conditions, while reactive silica measures the silica that consumes caustic soda during refining, impacting processing efficiency.

$0.024

• The recently acquired Cardea 2 Bauxite Deposit Inferred Mineral Resource Estimate (MRE 2012 JORC) stands at:
2.15Mt at 35.7% Available Al₂O₃ and 2.8% Reactive SiO₂ as part of a larger 20Mt at 32.1% Total Al₂O₃ & 26.3% Total SiO₂ (cut-off: ≥25% Al₂O₃)
• This includes 2.15Mt at 35.7% Available Al₂O₃ and 2.8% Reactive SiO₂ (cut-off: ≥25% Available Al₂O₃) represents the high-grade portion of the 20Mt Global Resource, based on 139 drillholes out of a total of 316 completed to date.

bauxite bauxite bauxite gallium



06 Aug
• High-grade gallium mineralisation has been confirmed by Western Yilgarn’s maiden helicopter-borne rock chip reconnaissance program over the Ida Holmes Junction Project, located approximately 50 kilometres southwest of Gold Fields’ Agnew Gold Mine in Western Australia
• Newly identified zones of high-grade gallium mineralisation have been delineated within Exploration Licences E36/1020 and E36/1080, which are located ~21 kilometres apart
• Mineralised system remains open in all directions, indicating strong potential for further extensions and discovery
• Rock chip sampling program returned very high-grade gallium grades up to 195.5 g/t Ga, 262.79 g/t Ga2O3, including highlights across samples of:
• 195.5 Ga2O3 in sample 30032
• 146.0 g/t Ga, 196.25 g/t Ga2O3 in sample 30030
• 135.5 g/t Ga, 182.14 g/t Ga2O3 in sample 30026
• 117.5 g/t Ga, 157.94 g/t Ga2O3 in sample 30031
• 97.9 g/t Ga, 131.60 g/t Ga2O3 in sample 30025
• Planning is currently underway for follow-up exploration to extend and delineate the newly identified mineralised zones along strike
• Gallium is a critical metal used in semiconductors, LEDs and solar tech – global demand is acceleratingand supply is tightly constrained
• Further work is currently being planned to undertake more extensive soil and rock chip sampling programs aimed at delineating the lateral extent of surface gallium mineralisation.

still going ... $0.045

Dona Ferentes said:

still going ... $0.045

Click to expand...

backing breeze becomes head wind ? likely to head south

$0.041

... WYX requests that its securities be placed into an immediate trading halt pending an announcement regarding a proposed capital raising.