Widgie Nickel Limited provided the results from a recently completed geophysical program at its Mount Edwards Project. The fixed loop and moving loop electromagnetic (EM) surveys were undertaken in the Widgie West region and at the southern end of the Widgie South region. The surveys have identified a number of new high-quality conductors that potentially represent nickel sulphide mineralisation.

Widgie West EM Survey (Axis and Dead Lizard Prospects): A total of 19.1-line kms of moving loop EM was completed at Widgie West (Axis and Dead Lizard prospects) during March 2022. The survey was completed using 200 metre loops and 100 metre spaced stations. The EM survey identified five bedrock conductors and two anomalous responses which range in conductance from 50 to 2,500 siemens.

The conductors have been modelled by geophysical consultancy Newexco, with plates generated for drill targeting. The conductors are located close to the interpreted basal contact position and have conductivities consistent with the electromagnetic signature of sulphide accumulations. The basal contact has a moderate dip to the west and north.

Nickel sulphide mineralisation has been previously identified in drilling at both the Axis and Dead Lizard Prospects. The host ultramafic unit in the area is highly prospective, hosting the Munda, Inco Boundary and Mt Edwards nickel sulphide deposits located along strike and to the east. A total of five RC percussion holes for 1,530 metres have been designed to test the conductors and modelled EM plates.

Widgie South EM Survey (Mason Prospect): A total of 5.4-line kms of moving loop EM was completed at Widgie South (Mason Prospect) during March 2022. The survey was completed using 200 metre loops and 100 metre spaced stations. The EM survey identified a bedrock conductor with a conductance of 3,531 siemens.

The conductor has been modelled by Newexco with a plate generated for drill targeting. Nickel sulphides have previously been intersected in bedrock drilling at the Mason Prospect. The host ultramafic unit in the area is highly prospective, hosting the Gillett nickel sulphide deposit located 5km along strike and to the northwest.

A single hole has been designed to test the EM anomaly.