Reconnaicense drilling delivers Widgie (ASX: WIN) ultimate lithium value

Widgie Nickel confirmed high-grade lithium-bearing pegmatites outcropping over a 600m strike with surface expressions up to 25 metres at its newly named Faraday prospect, part of its highly prospective tenements in Western Australia’s Eastern Goldfields.

Surface Spodumene containing high-grade lithium was identified at several locations with from 14 rock chip samples ,including an instance of 3.7 per cent (Li2O)from S10014 specimen with multiple pegmatite occurrences observed across broader Widgie tenure.

Lithium-bearing pegmatites outcropping over a 600-metre strike with surface expressions of up to 25 meters wide (pictured above).

These early stage exploration results outlined in and illustrated in Figure 1 are extremely encouraging and provide the Company with the opportunity to significantly increase lithium exploration activity within the highly prospective tenement package.

The Company said Spodumene is the dominant lithium mineral observed at the Faraday prospect with significant potential to extend strike to the north under transported cover.

“This initial reconnaissance work identifying high-grade spodumene over a significant strike length couldn’t be a better outcome for Widgie,” Managing Director Steve Norregaard said.

“To think we have 170,000 tonnes of contained nickel, and we now can lay claim to hosting complementary and widespread lithium pegmatites in this world-class lithium corridor.”

“Widgie looks forward with great anticipation to getting a drill rig on this highly prospective target which will only complement the existing drilling effort on our nickel resources.”

Results

Visible Spodumene was identified at several locations with multiple high-grade Li2O values returned from 14 rock chip samples.

• S10013-2.61%Li2O 
• S10014-3.70%Li2O 
• S10015-2.86%Li2O 
• S10017-3.60%Li2O 
• S10019-2.91%Li2O
• S10021-3.04%Li2O 
• S10025–2.73%Li2O

Follow up exploration will include detailed mapping, soil sampling, and additional rock chip sampling to better define this and other anomalies/drill targets.

The Company intends to drill test the Faraday prospect with RC drilling to provide an initial indication of pegmatite geometry (i.e. dip and true width) and lithium endowment within the rock unit.

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