Widgie Nickel Limited has completed infill drilling at the Armstrong deposit within its Mt Edwards project, with the results increasing the confidence of Armstrong’s production potential and highlighting significant additional upside via the by-product endowment.
These results pertain to all completed drill holes not previously reported, while infill drilling at Armstrong has now been successfully completed with no further drilling contemplated.
At Armstrong, Widgie has completed 36 reverse-circulation drill holes and 15 diamond drill tails for 9,105 metres and 1,972 metres respectively.
The outcomes from this drilling will form part of an upcoming resource estimate recalculation targeted to be completed by the end of the current quarter.
The drilling provided multiple high-grade nickel sulphide assay intercepts including:
- 20m at 1.34% Ni, 0.07% Cu, 0.02% Co, 0.46 g/t from 313m, including 6m at 1.90% Ni, 0.06% Cu, 0.03% Co, & 0.67 g/t from 320m and 1m at 3.72% Ni, 0.32% Cu, 0.04% Co, & 1.20 g/t from 331m.
- 34m at 1.07% Ni, 0.08% Cu, 0.02% Co from 266m, including 2m at 6.08% Ni, 0.58% Cu, 0.07% Co from 298m.
- 11m at 1.6% Ni, 0.1% Cu, 0.02% Co, 0.56 g/t from 180m, including 8m at 1.88% Ni, 0.11% Cu, 0.03% Co & 0.68 g/t from 182m
- 6m at 1.07% Ni, 0.23% Cu from 229m, including 2m at 2.21% Ni, 0.61% Cu, 0.03% Co from 219m
Widgie Nickel managing director Steve Norregaard said: “With drilling at Armstrong now completed, these infill results in tandem with previous drill results improves the confidence in grade continuity within the ore body, which should be reflected in the upcoming resource re-estimate.
“The widespread PGM endowment and by-product credits, further confirmed through these drill results, add to the intrinsic value of the mineralised body and which the Company can now quantify in the updated resource calculation.
“The updated resource model will underpin mining feasibility studies at Armstrong, which we have already proactively commenced.
“Following completion of this drill program, we can now move ahead with confidence to designing, evaluating and ultimately building a mine around this resource.”
