Samso News: Western Yilgarn Limited— Secures Expanded Land Access at West Julimar - Growing a Scalable Bauxite Resource Base.
- Noel Ong
- 5 days ago
- 6 min read
Announcement
Land Access Agreement Signed at Julimar West Bauxite Project – 20 January 2026 (view the announcement)
Today's Samso News is all about the execution of a land access agreement for Western Yilgarn to begin what could be the building of a large-scale bauxite portfolio in a tier-one jurisdiction, and potentially creating a partnership with a bauxite giant. From an investor's point of view, this execution of the land access agreements will now mean that the West Julimar Bauxite project can start the value-adding process.
Introduction – Unlocking Growth at West Julimar, Western Australia
Western Yilgarn NL (ASX: WYX) has executed new land access agreements over Zones 100 and 200 at its West Julimar Bauxite Project in the Darling Range of Western Australia (Figure 1). These agreements provide access to extensive areas of lateritic bauxite immediately adjoining and between the Company’s existing JORC-compliant Mineral Resource areas, opening a clear pathway for potential resource expansion.
Figure 1: West Julimar location map highlighting newly signed access areas over the Bauxite MRE Zones (source: WYX).
The Business of Western Yilgarn Limited: Bauxite and Critical Minerals Development in Western Australia
Western Yilgarn is a Western Australia–focused resource company developing a growing portfolio of bauxite assets within the Darling Range, one of Australia’s key bauxite–alumina corridors. The Company is building scale across multiple bauxite projects, supported by JORC-compliant resources and proximity to infrastructure and refineries.
Alongside bauxite, Western Yilgarn is also advancing nickel and gallium opportunities across the Western Yilgarn region, pursuing a multi-commodity strategy designed to create multiple long-term development pathways.
Highlights – Land Access Unlocks Direct Resource Growth Pathway at West Julimar
New land access agreements executed over Zones 100 and 200 at the West Julimar Bauxite Project, securing access across most of the laterite–gravel system hosting the Company’s core bauxite assets.
West Julimar currently hosts a combined inferred JORC Mineral Resource of 104.8 Mt, comprising:
Zone 100: 42.6 Mt @ 31.8% Al₂O₃
Zone 200: 62.2 Mt @ 36.4% Al₂O₃
Figure 2: Western Yilgarn’s Total JORC (2012) Bauxite Resources (source: WYX).
Newly accessible ground directly adjoins and links Zones 100 and 200 across a continuous geological system, extending beyond existing Mineral Resource boundaries.
Previous drilling was constrained by land access rather than geology, meaning current resource limits reflect tenure boundaries, not the full extent of mineralisation.
Secured access enables systematic drilling to test lateral and strike extensions of known mineralisation and the area between the two deposits. · Multiple undrilled laterite plateaux are now available for assessment, expanding the pipeline of near-term exploration targets.
Initial field programs will include mapping, geochemical sampling, rock chips, and environmental work ahead of drill targeting.
Provides a clear pathway to materially expand the current 104.8 Mt bauxite resource through low-cost, shallow aircore and auger drilling across a proven laterite system.
Leadership Commentary
Western Yilgarn Non-Executive Director Mr Pedro Kastellorizos commented:
“The newly signed agreements provide access to ground that was previously unavailable for drilling and now links and surrounds the Company’s two defined bauxite deposits” “Previous drilling that defined Zones 100 and 200 was largely restricted to areas where land access was available at the time. As a result, Mineral Resource boundaries in many places terminate at tenure or access limits rather than geological limits.”
Near-term Milestones to Watch
Following the execution of the access agreements, key near-term developments include:
Commencement of mapping, sampling, and environmental programs across newly accessible ground
Definition of drill targets between and beyond Zones 100 and 200
Shallow aircore and auger drilling to test laterite-hosted bauxite extensions
Potential updates to the West Julimar Mineral Resource footprint
These steps will determine whether the geological continuity translates into formal resource growth.
Samso Concluding Comments
This announcement is not about discovery hype but about unlocking the ground needed to grow a bulk commodity project. Without land access, even high-quality geology cannot be converted into resources.
Western Yilgarn has positioned itself to test the full extent of a continuous bauxite system linking Zones 100 and 200. This is how long-life bauxite provinces are built — step by step, by expanding known systems.
The grades at West Julimar are already competitive for Darling Range–style bauxite. Expanding tonnage around existing deposits is lower risk than starting from scratch.
For investors, this is a reminder that early-stage value creation in bulk commodities often comes from scale. Western Yilgarn has now created the conditions needed to pursue that scale in a disciplined way.
Market Implication - The Investor Lens
I think that the access agreement will now make people like me think that the narrative is possible. We know that bauxite in the Darling Range is a very sensitive topic and any talks of expansion will be long and most likely full of hurdles. The Western Yilgarn Limited Bauxite story will now be all about putting all the details together and hopefully, it hangs together for a market that is in short supply.
Figure 3: Western Yilgarn’ s share price chart as of 20th January 2026. (source: CommSec).
The value proposition for WYX is very clear. The access agreement means that work can be done. We know that there is a resource on the ground that some bauxite giants will be looking at closely. So with a market capitalisation of just under AUD 5M, this is going to be an interesting asset for big companies that need the resources.
The share price is still not creating waves (Figure 3). In fact, the share price chart does not even appear to be creating ripples at this stage. I encourage readers to have a read of the company's projects and do some serious DYOR. I have been very conservative on this stock as there was always the issue of land access to be sorted before any form of excitement is allowed to surface :-).
I will be following this very carefully.
The Samso Way – Seek the Research
Here at Samso, we pride ourselves on delivering content for investors that is independent and informed by over three decades of experience in the industry. Our content is well-researched and is only created if I see merit in discussing the company's story.
Our mission is simple: cut through the noise and spotlight what matters—genuine stories, grounded insights, and real opportunity.
Our content is well-researched and is only created if the team sees merit in discussing the company or concept. Investors can explore our three core platforms:
There may be numerous paths to success in investing, but the common thread among successful individuals is that they remain committed to making informed decisions. Equip yourself with the right knowledge and tools, and you will be well on your way to achieving your financial goals.
Most importantly, investors need to be absolutely diligent in understanding their own risk-reward tolerance and capabilities. Never bite off more than you can chew. As they say, Rome wasn’t built in a day, and the Great Wall stood because it took centuries to complete.
The Samso Philosophy:
Stay curious. Stay sharp. And remember—digging deeper always uncovers the real value.
In Life, there is no such thing as a Free Lunch.
Never bite off more than you can chew is my parting comment.
Happy Investing, and the only four-letter word you need to know is DYOR.
To support our independent nature of our work, please head over to our Support Page and give us a helping hand in any of the ways listed. This is a new initiate for the Samso Platform, and it was always the concept of Samso when we started this journey in 2018.
Disclaimer
The information or opinions provided herein do not constitute investment advice, an offer, or solicitation to subscribe for, purchase, or sell the investment product(s) mentioned herein. It does not take into consideration, nor have any regard to your specific investment objectives, financial situation, risk profile, tax position and particular, or unique needs and constraints.
Share to Grow: Your Bonus
Samso has just released an eBook: How to Add Value to your Share Portfolio
A lesson on geological models sought by mining companies that gives insight and an understanding of which portfolios are better - and potentially more lucrative – investments. Click here to download this eBook.
If you find this article informative and useful, please help me share the information. I try to write about topics that are interesting and have the potential to be of investment value. It is not easy to find stories that fit those parameters. If you or your organisation sees the benefit of what Samso is trying to achieve and has a need to share your journey, please contact me at noel.ong@samso.com.au.
Samso is a trusted platform that equips dedicated investors with up-to-date industry knowledge and insights from top CEOs and thought leaders. By staying informed on business advancements and market trends, investors can enhance their financial decisions through a combination of expert guidance and their own research.
Comments