08/09/2022Confidence in Gillett Grows withImpressive Assay...

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    08/09/2022
    Confidence in Gillett Grows with
    Impressive Assay Results
    Highlights PAGE 1 of 18 pages.

    • Mineralisation intersected inside the current resource envelope demonstrates grade continuity
    • Resource remains open to the north, south and down dip
    • PGM and by-product assays demonstrate additional value potential
    • Results will feed into new resource calculation to be completed in the current quarter
    • Significant nickel sulphide intercepts of note include*:
    MERC 139 10m @ 2.93% Ni, 0.38% Cu, 0.07% Co (+3E Assays TBA) from 210m and
    6m @ 1.28% Ni, 0.15% Cu, 0.04% Co (+3E Assays TBA) from 247m and
    1m @ 1.34% Ni, 0.15% Cu, 0.04% Co (+3E Assays TBA) from 263m
    MERC 143 20m @ 1.43% Ni, 0.19% Cu, 0.07% Co and 1.16g/t 3E1 from 234m
    MERC 144 6.92m @ 2.09% Ni, 0.23% Cu, 0.06% Co and 0.65g/t 3E from 277.08 and
    6.89m @ 1.98% Ni, 0.25% Cu, 0.06% Co and 0.5g/t3E from 286.24m
    MERC 148 2.69m @ 2.63% Ni, 0.43% Cu, 0.07% Co and 0.48g/t 3E from 341.19m and
    3m @ 1.05%Ni, 0.12% Cu, 0.03% Co and 0.32g/t 3E from 348.44m
    MERC 197 1.33m @ 5.07% Ni, 0.66% Cu, 0.11% Co, and 0.64g/t 3E from 424.18m and
    0.98m @ 0.79% Ni, 0.13% Cu, 0.03% Co and 0.38g/t 3E from 428.34m and
    0.5m @ 1.93% Ni 0.11% Cu, 0.06% Co and 0.39g/t 3E from 434.97m
    TBA - PGE results remain outstanding
    * All measurements quoted are downhole
    Widgie Nickel Limited (ASX: WIN, “Widgie” or “the Company”) is pleased to provide updated assay results from its
    Reverse Circulation (RC) and diamond (DD) infill and extensional drilling program specific to the Gillett mineralisation.
    The results pertain to all holes completed as at 25 June 2022 and not previously reported (refer figure 1). Infill drilling
    continues at Gillett in addition to extensional work with further holes planned between Gillett and the recent Gillett North
    discovery.
    To date at Gillett, Widgie has completed 66 RC drillholes and 21 DD holes for 14,516 metres and 4,771.7 metres
    respectively. The outcomes from this drilling will now form part of the upcoming resource estimate recalculation
    targeted to be completed by the end of the quarter.

    GLAH Mal...smile.png
 
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