Exceptional High-Grade Nickel Discovery for Widgie

Tajha Pritchard
lithium rock

Widgie Nickel has issued an update regarding the ongoing infill drilling program for the 132N deposit resource. Assays from hole 23MERCD112 have described the findings as containing "remarkably high-grade nickel mineralization."

The 132N deposit is situated within mining lease M15/101, approximately six kilometers northwest of the Widgiemooltha township. This deposit is a vital component of the broader Mt Edwards project, which is positioned 75 kilometers south of Kalgoorlie and 40 kilometers southwest of Kambalda in Western Australia.

Previously, Widgie Nickel had revealed results from portable x-ray fluorescence (pXRF) readings conducted at the deposit.

Specifically, hole 23MERCD112 has yielded impressive results, with a notable intersection of 9.14 meters at 10.44 percent nickel (Ni), 0.75 percent copper (Cu), 0.13 percent cobalt (Co), and 1.93 grams per tonne (g/t) of platinum group elements (PGE) encountered from a depth of 330 meters. This intersection includes a subinterval of 2.61 meters at 18.88 percent Ni, 0.48 percent Cu, 0.23 percent Co, and 0.65g/t of PGE from a depth of 335.44 meters.

The company stated, "23MERCD112 was expedited for assay, while the rest of the 132N resource definition drilling program is presently undergoing processing, with assay results anticipated in October 2023."

Steve Norregaard, the Managing Director of Widgie Nickel, expressed his reaction to the findings, saying, "Widgie attracted significant attention this year with the core sample showcased at our Diggers (and Dealers) booth, and now we have compelling reasons for it. We are thrilled to present the assay results for 23MERCD112, which validate the portable XRF readings announced on August 11. This borehole, penetrating the lower zone of the existing 132N resource shape, unequivocally affirms the existence of exceptionally high-grade mineralization."

Earlier in the same week, Widgie Nickel had disclosed assay results from its recent diamond drilling infill program, which was specifically aimed at the Widgie 3 nickel mineralization system.