LCL lcl resources limited

Nickel not my focus, but...Highlights • Wedei is a 7km x 4km...

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    Nickel not my focus, but...Highlights
    • Wedei is a 7km x 4km stream sediment Nickel anomaly – one of the largest in Papua
    New Guinea.
    • Nickel laterite mineralisation discovered in every test pit – anomaly remains open in
    every direction.
    • Peak results of 3.44% Ni, 2.25% Ni and 2.10% Ni highlight the very high laterite grades
    of the deposit.
    LCL Resources Ltd (ASX: LCL) (LCL or the Company) provides an update on its 100% owned
    PNG Nickel Project following completion of a maiden three-week reconnaissance field
    program at the Wedei prospect.
    The LCL field program was conducted over an area of 5.5km x 4.5km with 30 pits hand dug
    on an approximate 1km x 1km grid (Figure 1). All of the pits encountered anomalous nickel
    with 18 of 30 pits returning values in excess of 1% Nickel which highlights the scale and tenor
    of the Wedei laterite.
 
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