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Mt Edwards Project

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Categories

Summary

Mine TypeUnderground
Study CompletedPreliminary Economic Assessment
Commodities
  • Nickel
  • Cobalt
  • Palladium
  • Copper
Mining Method
  • Avoca
  • Longhole stoping
Backfill type ... Lock
Mine Life... Lock
SnapshotThe Mt Edwards Nickel Project is a collection of eleven separate nickel sulphide deposits.

The 2024 Scoping Study is based on the mining at Widgie Townsite (WTS), Gillett/Widgie 3 (GW3), Armstrong (ANM) and 132N, with remaining deposits offering upgrade potential that can be included in subsequent studies.

The deposits planned for mining in the Scoping Study are associated with past-producing mine sites, as the planned underground access leverages existing historical open pits.

Outside of mining areas an existing stockpile from past mining at Armstrong has been included in the Mt Edwards Production Target.

The Nickel concentrate product will contain payable quantities of copper, cobalt and palladium.

Owners

SourceSource
CompanyInterestOwnership
WIN Metals Ltd. 100 % Indirect
The Mt Edwards Nickel Project is 100% owned by WIN Metals Ltd via its wholly owned subsidiary, Mt Edwards Critical Metals Pty Ltd.

Contractors

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Deposit type

  • Magmatic

Summary:

The Mount Edwards Nickel Project lies predominantly within the Coolgardie Domain on the western margin of the Kalgoorlie Terrane in the Norseman-Wiluna Greenstone Belt of the Archaean Yilgarn Craton, Western Australia.

The characteristic stratigraphy of the Kalgoorlie Terrane consists of a lower basalt unit overlain by komatiite, which is in turn overlain by an upper basalt unit. This mafic-ultramafic succession, referred to as the Coolgardie Group, is overlain by a unit of felsic volcanic and sedimentary rocks, the Black Flag Group that is found to the east of the Project area. The stratigraphic sequence within the Coolgardie Domain is inferred to be a continuation of the Kambalda stratigraphy.

The greenstone sequence has been subdivided into six (6) stratigraphic units. Four (4) phases of deformation have been recognised in the Widgiemooltha mining district and surrounding areas comprised of an early phase of D1 recumbent folding and thrusting followed by a transpressional regime with large scale, upright open folding (D2), sinistral, strikeslip D3 faulting (with associated enechelon folds) and prolonged ENE to WSW regional shortening (D4).

The area also hosts significant felsic intrusive units containing lithium mineralisation throughout the Coolgardie Greenstone Domain.

Widgie Townsite (WTS) is a steeply east-dipping (~75°) nickel sulphide deposit that plunges south and comprises two mineable north–south striking lenses with strike lengths up to ~300 m. Mineralisation is predominantly disseminated nickel sulphide, with mineable horizontal widths of ~5–20 m. The primary sulphide zone begins at ~80 m below surface (~320 mRL) and extends to ~520 m below surface, remaining open at depth and currently constrained by drilling. The main lens typically lies ~10–20 m off the basalt–ultramafic contact, while the southern lens is hosted within ultramafics.

Gillett is a steeply west-dipping (~85°) nickel sulphide system extending over ~1,450 m strike, with mineable widths of ~3–15 m and predominantly disseminated sulphides. The primary sulphide zone starts at ~150 m below surface (~350 mRL) and extends to ~420 m below surface, remaining open at depth and along strike and constrained by drilling. The deposit comprises two north–south striking lenses separated by ~15 m; the main lens commonly sits ~10–20 m off the basalt–ultramafic contact, with a minor western lens locally on the basalt contact.

Widgie 3 is a near-vertical nickel sulphide deposit extending over ~320 m strike, with mineable widths of ~3–12 m and matrix to disseminated sulphide mineralisation. The primary sulphide zone starts at ~60 m below surface (~330 mRL) and extends to ~420 m below surface, remaining open at depth. Mineralisation occurs as a single lens located on the basalt–ultramafic contact, with a small splay at the southern end that may expand with further drilling.

Armstrong dips moderately to the south-west (~55°) and plunges north, with mineable widths of ~1.5–25 m and a strike length of ~250 m. The orebody starts near the base of the current open pit (~230 mRL) and extends to ~0 mRL at depth, where it terminates against a large granite intrusion. Mineralisation occurs in a single NW–SE striking lens largely along the basalt–ultramafic contact, with a felsic dyke and major faults intersecting the northern end.

132N is a near-vertical nickel sulphide system that plunges north and extends over ~220 m strike, with mineable widths of ~2–10 m. The orebody begins near the base of the current open pit (~300 mRL) and extends to ~50 mRL at depth, remaining open at depth and potentially continuing down-plunge within a mineralised ultramafic syncline. The deposit comprises multiple north–south striking lenses generally located on the basalt–ultramafic contact, with local high-grade channel structures developed within the basalt.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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EV - Electric

Comminution

Crushers and Mills

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Processing

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Commodity Production

The Nickel concentrate product will contain payable quantities of copper, cobalt and palladium.
CommodityProductUnitsAvg. AnnualLOM
Nickel Metal in concentrate kt 10 *62 *
Nickel Concentrate kt 103 *617 *
* According to 2024 study.

Operational metrics

Metrics
Annual ore mining rate  ....  Subscribe
Annual milling capacity  ....  Subscribe
Ore tonnes mined, LOM  ....  Subscribe
Tonnes milled, LOM  ....  Subscribe
* According to 2024 study.

Production Costs

CommodityUnitsAverage
Cash costs Nickel USD  ....  Subscribe
Total cash costs Nickel USD  ....  Subscribe
Assumed price Palladium USD  ....  Subscribe
Assumed price Cobalt USD  ....  Subscribe
Assumed price Nickel USD  ....  Subscribe
Assumed price Copper USD  ....  Subscribe
* According to 2024 study / presentation.

Operating Costs

CurrencyAverage
UG mining costs ($/t milled) AUD  ....  Subscribe
Processing costs ($/t milled) AUD  ....  Subscribe
G&A ($/t milled) AUD  ....  Subscribe
Total operating costs ($/t milled) AUD  ....  Subscribe
* According to 2024 study.

Project Costs

MetricsUnitsLOM Total
Pre-Production capital costs $M AUD  ......  Subscribe
Total CapEx $M AUD  ......  Subscribe
UG OpEx $M AUD  ......  Subscribe
Processing OpEx $M AUD 130.3
G&A costs $M AUD 87.2
Total OpEx $M AUD  ......  Subscribe
Royalty payments $M AUD  ......  Subscribe
Gross revenue (LOM) $M AUD  ......  Subscribe
Net revenue (LOM) $M AUD  ......  Subscribe
Pre-tax Cash Flow (LOM) $M AUD  ......  Subscribe
Pre-tax NPV @ 8% $M AUD  ......  Subscribe
Pre-tax IRR, %  ......  Subscribe
Pre-tax payback period, years  ......  Subscribe

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Feb 4, 2026
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Workforce

Total WorkforceYear
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Aerial view:

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