| Announcement Date: | 2023-02-13 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Widgie Nickel Ltd. |
| Project name: | Mt Edwards |
| Location: | Australia |
| Commodities: | Copper,Nickel,Cobalt |
| Highlight: | Drilling results incl. 26m at 1.41% Ni, 0.18% Cu, 0.04% Co from 290m |
| 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 announce assay results from its Reverse Circulation (RC) and Diamond (DD) drilling program targeting the Gillett and Gillett North mineralisation. This announcement pertains to all holes completed as of 31 December 2022 and not previously reported or included in the January 2023 Resource Estimation (refer figure 1). As of 8 February 2023, a further 14 pre-collars out of a planned 20 holes within the Gillett area have been drilled in preparation for diamond tails targeting higher grades within the resource wireframes and testing for strike extensions to the south. The Company sees the Greater Widgie South area, comprising Widgie 3, Widgie Townsite and Gillett/Gillett North as the potential second nickel production centre in the Company’s portfolio. Given the existing significant nickel endowment (71,860t Ni Indicated and Inferred Resource) across these three deposits, in close proximity, this potential operation will be larger in scale and longer life than the Company’s first planned nickel mine at Armstrong. |
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