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An update from Widgie Nickel Limited ( (AU:WIN) ) is now available.
Widgie Nickel Limited has been awarded a co-funded drilling grant under the Western Australian Government’s Exploration Incentive Scheme (EIS) for its Ganymede Gold prospect. This grant will cover 50% of the direct drilling costs, up to $57,500, facilitating the exploration of a geophysical anomaly similar to the Butchers Creek gold deposit. The drilling, planned for the 2025 field season, aims to enhance the Butchers Creek project and potentially improve its economic viability. The support from the government is seen as a crucial step in advancing the project, which could significantly impact the company’s operations and market positioning.
More about Widgie Nickel Limited
Widgie Nickel Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the exploration of gold deposits, with a significant focus on projects in the East Kimberley region of Western Australia.
Average Trading Volume: 1,311,386
Technical Sentiment Signal: Buy
Current Market Cap: A$11M
Find detailed analytics on WIN stock on TipRanks’ Stock Analysis page.