Widgie Nickel Limited Confirms Significant Mineralisation Intercepts at Widgie South, Unlocking Resource Growth Widgie Nickel Limited

L Lykeshares 2y Staff

Widgie Nickel Limited Confirms Significant Mineralisation Intercepts at Widgie South, Unlocking Resource Growth

Widgie Nickel Limited (ASX: WIN) has announced the successful completion of its recent drilling program targeting a resource re-estimation and confirming significant mineralisation intercepts at the Widgie South nickel system.

Key Highlights

The drilling program resulted in significant nickel mineralisation intercepts outside of the current Gillett Resource, adding to the potential for future mining studies. This includes:

Confirmation of Gillett mineralisation 270m south of the current Resource with 23MERCD057

Extension of Gillett mineralisation 120m north of the current Resource with 23MEDD007
Confirmation of the high-grade core of the Gillett North target with 23MERCD027
Widgie South remains open to the north and south of the current Resources, increasing future growth potential

Gillett is central to Widgie South, a key component of the Mt Edwards project pipeline, currently containing a combined 71,800t Ni with a significant increase expected in the updated Gillett Mineral Resource Estimate in the current half.

Future Prospects

The Widgie South mineralised system remains open, and a detailed structural review is ongoing to unfold the pre-deformation mineralised system to assist with future targeting of the post-deformation mineralised channels. Managing Director Steve Norregaard voiced his excitement about the recent results, stating, “These results continue to demonstrate the extremely fertile nature of Widgie's tenure. We remain supremely confident of the significant value potential contained within our nickel resource, and with our Widgie South Scoping Study progressing well, this great news only cements the foundation for that confidence. ”

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