Ann: New Lithium Discoveries Position Widgie for Resource Growth, page-9

AND HERE 'TIS first page. Cont to 17 pages incl pics.

New Lithium Discoveries Position Widgie for Resource Growth
Key Highlights
• Exploration drilling north of the Faraday Lithium Deposit unearths a new
near surface lithium prospect - Trainline
• At Faraday, 80m step out drilling to the west downdip demonstrates mineralisation continues at depth
• Drill results indicate strong potential to increase lithium Resources# at the Mt Edwards Project
• XRD analysis reports spodumene* as the exclusive lithium bearing mineral
• Following submission of the Faraday Mining Proposal offtake discussions are rapidly advancing
Trainline Discovery:
• 23MERC118 2m @ 0.86% Li2O from 4m
and 9m @ 0.82% Li2O from 17m
incl. 4m @ 1.19% Li2O from 22m
• 23MERC114 10m @ 0.68% Li2O from 43m
Incl. 7m @ 0.79% Li2O from 43m
• 23MERC113 7m @ 0.61% Li2O from 30m
Incl. 3m @ 0.94% Li2O from 30m
Faraday Extension:
• 23MERC129 1m @ 0.89% Li2O from 23m
and 3m @ 0.63% Li2O from 92m
• 23MERC131 3m @ 0.63% Li2O from 99m
Incl. 1m @ 1.20% Li2O from 100m
and 4m @ 0.47% Li2O from 105m
• 23MERC132 2m @ 0.55% Li2O from 130m
and 5m @ 0.69% Li2O from 137m
Incl. 3m @ 0.87% Li2O from 137m
#
Maiden Faraday resource 481,000t at 0.59% Li2O at 0.3% Li2O cut-off
*XRD mineral identification of 16 samples, identifies spodumene as the exclusive lithium bearing mineral

Managing Director and CEO Mr Steve Norregaard commented:
“Widgie’s lithium endowment shows it has exceptional growth potential with wide spaced intercepts at Trainline showing excellent promise in addition to the expanding Faraday deposit. Our next steps will be to infill Trainline and the Faraday down dip extensions.

Ongoing evaluation of offtake partnership options is nearing a logical conclusion, with interest levels high.
The Faraday Trainline Lithium Project has all the hallmarks of a very low-cost development able to be commercialised in the very near term.”
ABN 77 648 687 094 Level 4, 220 St Georges Tce Perth, WA 6000
PO BOX 7713 Cloisters Square WA 6850
T: +61 8 6381 7250 F: +61 8 6381 7299 [email protected] www.widgienickel.com.au

4 July 2023
New Lithium Discoveries Position Widgie for Resource Growth
Following Widgie Nickel’s Ltd (ASX: WIN) (“Widgie” or “the Company”) announcement of its maiden Mineral Resource Estimate at the Faraday Lithium Deposit (“Faraday”) (refer ASX release dated 29 March 2023), Widgie is pleased to announce the discovery of a new lithium prospect to the north named “Trainline”, as well as the definition of additional lithium mineralisation at depth at Faraday.

The Faraday-Trainline Lithium Project area is located on Mining Lease M15/102,
4km west north-west of the Widgiemooltha townsite.
Access is via the Coolgardie-Norseman Rd, 63km south of Coolgardie.
Faraday and Trainline are central to Widgie’s Mt Edwards Project,
covering a significant land holding within the “Lithium Corridor” between Mt Marion to the north
and Pioneer Dome to the south.
Cont to 17 pages incl pics. GLAH Mal...