Re-assaying of drill samples from Widgie Nickel’s Faraday deposit and Trainline deposit has returned materially higher lithium results than previously reported.
A total of 3371 samples have been re-assayed, with the results finding a 64 per cent increase in lithium grade.
Widgie Nickel concluded the drilling program used in calculating the mineral resource estimate (MRE) for Faraday in January 2023.
However, assay results from subsequent diamond holes at Faraday that had been drilled for metallurgical test work twinning existing reverse circulation (RC) holes suggested an inconsistency between the diamond and the RC results.
An internal investigation concluded that the initial assaying methodology recommended by the laboratory was inappropriate for Faraday mineralisation.
Widgie Nickel intends to use the re-assay results to form new MRE for both deposits that are part of the Mount Edwards project in WA.
“Our lithium plans have received an important boost with these results which has led to both an uplift in scale and grade of our lithium resources which we expect to quantify in the very near future,” Widgie Nickel managing director and chief executive officer Steve Norregaard said.
“We are now prioritising an updated (MRE) for Faraday and a maiden MRE at the Trainline prospect. With mining approvals in place, proven and favourable metallurgy set to provide Widgie with multiple opportunities to demonstrate the value of its lithium endowment in the near future.”
Mining at the Faraday deposit commenced in late September.
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