Announcement Date: 2022-04-04
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Widgie Nickel Ltd.
Project name: Mt Edwards
Location: Australia
Commodities: Nickel
Highlight: Drilling results incl. 16m @ 1.79% Ni from 277.1m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Widgie Nickel Limited (ASX: WIN, “Widgie” or “the Company”) is pleased to provide the first assay results from its Reverse Circulation (RC) and diamond (DD) infill and extensional drilling program specific to the Gillett mineralisation (Figure 1). This announcement details the assay results received for the first four RC holes and first eight DD holes. RC drillholes were primarily designed as pre-collars for the diamond drilling, and thus stop short of the Gillett mineralisation with the exception of the first four RC drillholes which were planned to drill through the Gillett mineralisation. It is highly encouraging that the results from two of the four RC holes demonstrate continuation of Gillett nickel mineralisation beyond the current defined limits of mineralisation. The DD hole tails have been designed to To date the drilling has confirmed that the basal contact is mineralised. Importantly the drilling has also demonstrated that there are additional zones of mineralisation in stratigraphically higher positions within the volcanic pile (Figure 2). These are interpreted to be the mineralised basal contacts of multiple stacked ultramafic lava flows.
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