Widgie Nickel has provided an update on the 132N deposit resource infill drilling program.
The 132N deposit is located on mining lease M15/101, six kilometres north-west of the Widgiemooltha township and 63km south of Coolgardie in the Goldfields region of Western Australia.
The latest infill drilling at the deposit has confirmed “exceptionally high-grade assays” of up to 25.95 per cent of nickel.
Recent drilling highlights includes the 23MERCD112 hole returning 9.14m at 10.44 per cent of nickel (Ni) from 330m, including 2.61m at 18.88 per cent Ni from 335.44m.
The company said in September that 23MERCD112 was fast tracked for assay.
“These further results from drilling at 132N complete the resource drill out programs for 6 of the 12 known deposits within the Mt Edwards nickel project,” Widgie Nickel managing director and chief executive officer Steve Norregaard said.
“132N has demonstrated excellent potential with some extraordinarily high grades providing encouragement, and importantly identifying opportunities for future resource growth.
“We look forward to seeing the results of the upcoming scoping study and in turn future resource upgrades demonstrating that a continuous and sustainable standalone mining operation is possible thanks to the unique concentration of mineralisation Widgie possesses at its 100 per cent owned Mt Edwards project.”
The current 132N mineral resource estimate (MRE) currently stands at 460 kilotons at two per cent Ni for 9050 nickel tonnes.
Geological modelling for the deposit is currently underway, and the updated MRE is expected to be completed in early 2024.
Widgie Nickel recently updated the MRE for the Faraday and Trainline lithium deposits in WA.