Shares of Western Mines Group (ASX:WMG) rose 1.7%, recovering from an initial increase of almost 6.7%.

This mineral explorer announced that assay results from their Mulga Tank project in Western Australia indicate an extensive magmatic nickel sulphide mineral system.

The stock is on track for its fourth consecutive day of gains.

Western Mines Group stock has risen 87.5% YTD as of the last market close.

Western Mines Group is a company primarily engaged in mineral exploration.