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Widgie Nickel Limited is a mineral exploration company, established to implement the demerger currently being undertaken by Neometals, with the purpose of maximising value for the Mt Edwards Nickel Project.
Since its acquisition in 2018, Neometals has reviewed and advanced the Mineral Resources at the Mt Edwards Project to provide a sound basis for mining studies to evaluate the development of a number of short lead-time nickel sulphide deposits. These have now progressed to the point where it has determined that the best outcome for shareholders is that a new, independent entity be established to devote the technical, human and financial resources that the Mt Edwards Project deserves.
As an independent entity with dedicated technical, human and financial resources Widgie Nickel intends to build on the work completed to the Mt Edwards Project which provide a sound basis for mining studies to evaluate the development of a number of short lead-time nickel sulphide deposits.
It is anticipated that WIN will list on the ASX during September 2021.
Since its acquisition in 2018, Neometals has reviewed and advanced the Mineral Resources at the Mt Edwards Project to provide a sound basis for mining studies to evaluate the development of a number of short lead-time nickel sulphide deposits. These have now progressed to the point where it has determined that the best outcome for shareholders is that a new, independent entity be established to devote the technical, human and financial resources that the Mt Edwards Project deserves.
As an independent entity with dedicated technical, human and financial resources Widgie Nickel intends to build on the work completed to the Mt Edwards Project which provide a sound basis for mining studies to evaluate the development of a number of short lead-time nickel sulphide deposits.
It is anticipated that WIN will list on the ASX during September 2021.