Widgie Nickel Unlocks Potential
Tajha Pritchard
Australian exploration company, Widgie Nickel (ASX: WID), has achieved significant progress in its Widgie South project, a crucial component of the broader Mt Edwards project, following successful drilling at its Gillett resource.
Located 75km south of Kalgoorlie and 40km southwest of Kambalda in Western Australia, the Widgie South project has emerged as a central focus for Widgie Nickel's strategic endeavors.
The recent drilling campaign has yielded noteworthy results, with substantial nickel mineralization identified outside the current Gillett resource. Key findings from the drilling program include:
- 23MERCD057, extending Gillett mineralization by an impressive 270 meters (m) south of the current resource.
- 23MEDD007, extending Gillett mineralization by 120m north of the current resource.
- 23MERCD027, confirming a high-grade core within the Gillett North target.
Widgie South remains open to further expansion to the north and south, presenting compelling opportunities for continued resource growth.
Among the significant nickel intercepts reported at Gillett are:
- Infill 23MERCD004, showcasing 12.0m at 1.97 per cent nickel (Ni) from 192m, including an impressive 7.90m at 2.55 per cent Ni from 194.1m.
- Exploration 23MERCD057, revealing 7.00m at 1.14 per cent Ni from 295m.
- Exploration 23MEDD007, reporting 2.12m at 1.33 per cent Ni from 218m.
Additionally, a notable nickel intercept at Gillett North was reported, with exploration 23MERCD027 unveiling 13.2m at 1.68 per cent Ni from 278.88m, including a noteworthy 2.51m at 4.36 per cent Ni from 289.57m.
Steve Norregaard, the Managing Director of Widgie Nickel, expressed his satisfaction with the drilling results, highlighting the exceptional potential of the Widgie South trend and the Gillett resource. As the company wraps up its infill and extensional drilling programs ahead of resource re-estimation, the continuity of mineralization within the current resource has been confirmed, boding well for the project's future prospects.
Norregaard further emphasized his unwavering confidence in the substantial value potential of the company's nickel resource. With the Widgie South scoping study progressing favorably, the recent drilling success has solidified the foundation for Widgie Nickel's optimism and future growth plans.
As Widgie Nickel continues its exploration efforts and project development, investors and stakeholders eagerly await further updates on the company's advancements in the burgeoning nickel mining sector.