WYX - Western Yilgarn

[Dona Ferentes]

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

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

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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.

 

[Dona Ferentes]

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

was 8.7c
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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]

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

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

 

[Dona Ferentes]

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