Widgie Nickel: Confirms high-grade nickel sulphide discovery at Gillett North

Widgie Nickel Confirms high-grade nickel sulphide discovery at Gillett North

  • Widgie Nickel (WIN) confirms an “outstanding” high-grade sulphide discovery at the Gillet North target in Western Australia
  • The company identified multiple high-grade intercepts of massive and semi-massive nickel sulphides in its initial exploration
  • Assays from the first exploration hole drilled include 12 metres at 3.4 per cent nickel from 200 metres including five metres at 4.84 per cent nickel from 206 metres
  • The company expects its assay results to be received progressively over the coming months with the next batch of results expected to be received by the middle of July
  • Shares in Widgie are up 38.8 per cent, trading at 34 cents as of 11:50 am AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Mastercard, Visa, and Revolut Lose UK Legal Challenge Over Card Fee Cap Plans

UK courts uphold cap on interchange fees affecting major payment companies.Highlights: UK courts dismiss legal challenge by Mastercard,...

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...