Macro Metals Advances Wandanya Manganese Project, Plans New Drilling Phase

3 min read | November 04, 2024 05:26 PM AEDT | By Team Kalkine Media

Highlights 

  • Macro Metals expands exploration area at Wandanya Manganese Project.
  • New prospects, Crossroads and Wandanya, show strong manganese potential.
  • Company prepares for extensive RC drilling and environmental surveys. 

Macro Metals Ltd (ASX:M4M) recently completed an intensive mapping and rock chip sampling program at its Wandanya Manganese Project in Eastern Pilbara, marking significant progress in identifying high-priority drilling targets. The program not only allowed Macro Metals to gather manganese samples for testing but also expanded its exploration focus to new promising areas, broadening the project’s potential beyond the previously targeted Donkey prospect. 

Historically, the Donkey prospect has been the main focus of Macro Metals’ exploration efforts. However, recent fieldwork has introduced two additional prospects, Crossroads and Wandanya, which have demonstrated substantial manganese grades and scale potential. Initial sampling results have shown impressive manganese concentrations, with grades reaching 55.2% manganese at Crossroads and 64.96% at Wandanya. These results signal that both areas could hold significant mineralization, though they are yet to undergo drill testing. 

Previously, drilling at Donkey revealed notable manganese content, with results including five meters at 40.8% manganese from the surface, three meters at 39.9% manganese starting at three meters, and four meters at 36.2% manganese from a depth of one meter. These intercepts highlight the potential for high-grade manganese deposits across the area, providing a promising foundation for the upcoming drill campaigns. 

To advance the project, Macro Metals has already submitted a comprehensive plan for RC (reverse circulation) drilling at the Crossroads prospect. The proposed program will feature drilling on a 50-meter by 50-meter grid, designed to refine the understanding of this area’s scale and mineral content. In addition to drilling preparations, the company is moving forward with environmental and heritage surveys that will clear paths for future exploration at Donkey, Crossroads, and Wandanya, as well as establish a central processing site for extracted materials. 

Simon Rushton, managing director of Macro Metals, expressed optimism about the fieldwork outcomes, emphasizing that the partnership with RSC Consulting has been instrumental. The collaboration has provided essential support in evaluating the above-ground resources at Wandanya, assisting Macro Metals’ internal technical team in refining its approach to drill targeting. Rushton noted that feedback from RSC’s mapping team has been very positive, fueling the company’s enthusiasm for the next phase of exploration. 

Following the news of this expansion and ongoing preparations, Macro Metals shares saw a notable uptick, trading at 0.9 cents in the early afternoon—a 12.5% increase since the market opened. 


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