March 2026
WTAC and Nex Metals Explorations Ltd (ASX: NME) have signed a Memorandum of Understanding to expand their collaboration beyond the Kookynie Tailings Project, with the two parties now evaluating additional gold exploration and development opportunities across the Western Australian Goldfields.
Under the arrangement, WTAC will hold project ownership interests with NME acting as operator and technical services provider — building on the profit-sharing and empowerment framework already in place at the Kookynie Tailings Project.
At Kookynie, early-stage metallurgical test work has commenced to assess processing options for the historic tailings material, with a drilling programme planned for May 2026. NME is targeting completion of development works by October 2026.
WTAC and Nex Metals Managing Director Ken Allen said the expanded collaboration reflects the parties' shared objective of developing gold projects while supporting local participation, employment and long-term economic outcomes for WTAC members.
