Wiluna Mining Corp. Limited is pleased to report its financial results for the year ended 30 June 2021. EXPLANATION OF RESULTS - Wiluna Mining generated a strong net profit for the year ended 30 June 2021 of A$20m. Gross profit from operations and cash flows from operations of A$21m and A$34m respectively, were underpinned by gold production of [...]
Wiluna Mining Corp. Limited is pleased to announce highly encouraging results of a review of nickel, cobalt and platinum group element prospectivity at the Company's 1,600km2 Wiluna Mining Operation. HIGHLIGHTS - Historical drilling intersected nickel sulphides with elevated cobalt, copper and platinum-group elements at the Wiluna Nickel Project [...]
Wiluna Mining Corp. Limited controls 100% of the Wiluna Mining Operation. The Wiluna Mining Operation is located at the northern end of the Western Australian Goldfields approximately 530 km north of Kalgoorlie and is 900 km northeast, and one and a half hours by direct flight, from Perth. The Wiluna Mining Operation has an endowment of over 11 [...]
Wiluna Mining Corp. Ltd is located in the middle of the prolific Western Australia gold district and among the most attractive mining investment jurisdictions in the world. With over 400 million ounces discovered to date, it is one of the most richly gold-endowed districts globally, owning a vast 1600 km2 of this blue-chip real estate. The [...]
Wiluna Mining Corp. Limited is pleased to announce key full-year 2021 and June 2021 quarter preliminary results and financial position. Preliminary full-year performance and position - Gross profit and cash flows from operations of A$21m and A$34m respectively, underpinned by gold production of 52koz at an All in Sustaining Cost of A$1,794/oz. Gold [...]
Wiluna Mining Corp. Limited announces bonanza-grade assays from resource development drilling at the Happy Jack and East Lode zones within the Wiluna Mining Centre. Happy Jack and East Lode are initial mining areas in the Company's sulphide development plan, where redevelopment of the underground operation is already well advanced ahead of imminent [...]
Wiluna Mining Corp. Limited announces the following changes to its Board of Directors. These changes have been bought about by, and are designed to manage: - The retirement of long-standing Director Tony James who has taken on a full time Executive role as Managing Director of Galena Resources Ltd ; - Replacing Mr James technical skill set [...]
Wiluna Mining Corp. Limited is pleased to provide an update on mine development activities in support of our 24-month , five-point Wiluna Development Strategy to; 1. Continue to strengthen the balance sheet 2. Increase operational cash flow 3. Transition to include gold concentrate production 4. Expand production, and 5. Undertake exploration and [...]
Wiluna Mining Corp. Limited announces further high-grade sulphide intersections from an additional 63 holes and 16,705m of resource development drilling, and provides an update on the Company's FY 2022 Discovery Strategy. HIGHLIGHTS - Golden Age produces further high grades in resource extension drilling GARD0139: 1.52m @ 14.46g/t including 0.52m [...]
Wiluna Mining Corp. Limited is pleased to announce that the final conditions and documentation for the US$42 million Term Loan agreement have been completed and executed. The full US$42 million in funds are now available for drawdown. As previously announced on 13 May 2021, the Term Loan has a 48-month tenor, with a grace period of 6 months [...]
Wiluna Mining Corp. Limited is pleased to announce the completion of the recent non-renounceable pro-rata entitlement offer . The Offer proposed raising approximately $31.55 million before costs, on the basis of 1 new share for every 4 ordinary shares held . The Offer, announced on 24 March 2021, closed in accordance with the Offer timetable on [...]
Wiluna Mining Corp. Limited is pleased to provide an update on further wide, high-grade intersections from an additional 30 holes and 8,218m of drilling at the Wiluna Mining Centre. The Company's major drilling program is focused on defining additional reserves in the highest-value zones scheduled for mining in the next five years to further [...]
