Ida Holmes Project
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Exploration activities at the Ida Holmes Project will be fast tracked following positive airborne electromagnetic (EM) survey results at the Ida Holmes Junction (IHJ) prospect and anomalous Copper-PGE results from a completed auger drilling program at the Hells Gate prospect.
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A Farm–in and Joint Venture Agreement has been executed with Peregrine Exploration Pty Ltd securing WYX access to E57/1219, a key tenement located on the Mt Holmes Dyke.
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Applications submitted for E57/1452 and E36/1106 licences which will complete coverage of the Mt Holmes Dyke across the Ida Holmes Project area.
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A further tenement application, Mt Ida South (E29/1279), represents a new magmatic Cu-Ni +/- Au prospect, previously drilled by BHP, which identified ultramafic host lithologies but did not reach the basal contact.
Corporate
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Post quarter, WYX appointed Pedro Kastellorizos as a Non-Executive Director of the Company, effective 4 October.
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Mr. Kastellorizos replaces John Traicos who has resigned as Non-Executive Director of WYX.
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