WIDGIE NICKEL LIMITED Widgie Nickel Limited provide assay results from a rock chip sampling program completed at the newly named "Faraday prospect", which has identified lithium bearing pegmatites outcropping over a 600-metre strike with surface expressions of up to 25 meters wide. These early stage exploration results outlined in and illustrated are extremely encouraging and provides the Company with the opportunity to significantly increase lithium exploration activity within the highly prospective tenement package. With limited historical lithium exploration across the Mt Edwards project, the recent rock chip results highlight the prospectivity of the project area.
The Mt Edwards project is central to a world class lithium corridor which covers a total strike extent of more than 100 kilometres. Historical wide spaced soil sampling by previous explorers identified a strong lithium anomaly located within tenement M15/102. The soil anomaly had no follow up exploration until the recent rock chip samples collected by Widgie during early September 2022.
The soil anomaly is associated with a granitic intrusion and multiple late-stage pegmatite bodies. The rock chip samples were collected over outcropping pegmatite dykes or sills with visible, coarse grained spodumene recorded at several locations. Spodumene, which has the chemical formulae LiAl(SiO3)2, is the main lithium bearing mineral observed at the Faraday prospect.
The sampling has identified high grade lithium occurrences over a coherant strike extent of at least 600 metres to date, with significant potential to extend strike to the north under transported cover.
