Widgie Nickel Limited (ASX: WIN) has provided an update on its 132N deposit resource infill drilling programme with assays received from hole ‘23MERCD112’. The results confirm previously reported Portable X-Ray Fluorescence (pXRF) readings.
Results highlights:
23MERCD112 9.14m @10.44% Ni, 0.75% Cu, 0.13% Co, 1.93g/t 3PGE from 330.00m Incl 2.61m @18.88% Ni, 0.48% Cu, 0.23% Co, 0.65g/t 3PGE from 335.44m
132N is located on mining lease M15/101, 6km north-west of the Widgiemooltha township. Access is via the Coolgardie-Esperance Highway, 63km south of Coolgardie. 132N forms part of the company’s Mt Edwards Project, covering a significant land holding within the Widgiemooltha Nickel Province between historic Spargoville nickel mines to the north and the operating Cassini nickel mine to the south.
Managing director, Steve Norregaard said: “Widgie attracted great interest with the core sample displayed at our Diggers booth this year for good reason. We are delighted to share the assay results for 23MERCD112 validating portable XRF readings announced on the 11 August 2023. This hole drilled through the lower zone of the current 132N resource shape confirms the presence of exceptionally high-grade mineralization.”
132N lies to the north of the Widgiemooltha Dome, a double plunging anticlinal structure cored by a deformed granitoid. The pre-deformation stratigraphy at 132N consists of a basaltic footwall and ultramafic hanging wall with minor sediment units found within the footwall basalt unit. The nickel sulphide mineralization plunges to the north at 132N.
Generally, the massive sulphide mineralization is found upon the basal contact where it grades into disseminated sulphides within the ultramafic hanging wall. Depth of weathering varies from 5m-30m depth at 132N. Resource infill result from 23MERCD112 shows the potential of the 132N deposit to deliver thick, ultra-high grade nickel mineralization. 23MERCD112 was fast tracked for assay with the remainder of the 132N resource definition drilling programme being processed currently, with assays expected in October 2023.
To read more about this release, please visit www.widgienickel.com.au
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