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Australia

Mt Edwards Project

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Categories

Summary

Mine TypeUnderground
Study CompletedPreliminary Economic Assessment
Commodities
  • Nickel
  • Cobalt
  • Palladium
Mining Method
  • Longhole open stoping
  • Avoca
  • Raiseboring
Backfill type ... Lock
Mine Life... Lock
SnapshotTThe Mt Edwards Project comprises four underground mines, with the potential to evolve into a Tier-1 nickel sulphide operation.

The 2024 Scoping Study outlines a strong case for a standalone concentrator with lower operating costs, higher payabilities, and full control of integrated mining and milling; resources support steady, sustainable output; recommends advancing and exploring downstream options amid price volatility.

The Study considers mining at Widgie Townsite (WTS), Gillett/Widgie 3 (GW3), Armstrong (ANM), and 132N, with seven additional deposits to be assessed in subsequent studies, and provides sufficient confidence to advance the Mt Edwards Nickel Project to Pre-Feasibility.

Owners

SourceSource
CompanyInterestOwnership
WIN Metals Ltd. 100 % Indirect
The Mt Edwards Nickel Project is 100% owned by WIN Metals 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
The WTS orebody dips on average at 75o to the east and plunges to the south. The deposit has mineable horizontal widths between 5m to 20m with ore predominantly being disseminated nickel sulphide. The primary nickel sulphide orebody starts on average at 80m below the surface (320mRL) extending to 520m below the surface.

The deposit consists of two (2) mineable lenses both striking north-south with strike lengths up to 300m.

The main lens mostly sits between 10m to 20m off the basalt ultramafic contact with the minor southern lens being all in ultramafic.

Gillett and Widgie 3
The Gillett orebody dips on average at 85o to the west and extends over a total strike length of 1450m. The deposit has minable horizontal widths between 3m to 15m with most ore being disseminated nickel sulphide. The minable primary nickel sulphide orebody starts on average at 150m below the surface (350mRL) extending to 420m below the surface. The orebody is open at depth and along strike in both directions.

The deposit consists of two (2) mineable lenses both striking north-south with on average, 15m between the lenses. The main lens mostly sits between 10m to 20m off the basalt ultramafic contact with the minor western lens at times on the basalt contact.

The Widgie 3 orebody has a near vertical dip and extends over a total strike length of 320m. The deposit has mineable horizontal widths between 3m to 12m with most ore being matrix and disseminated nickel sulphide. The mineable primary nickel sulphide orebody starts on average at 60m below the surface 330mRL extending to 420m below the surface. The orebody remains open at depth.

The deposit consists of a single mineable lens located on the basalt ultramafic contact.

Armstrong
The Armstrong Orebody dips at an average of 55o to the south-west with minable horizontal widths between 1.5m to 25m. The orebody starts at the base of the Armstrong open pit 230mRL (105m below the surface) and terminates at depth at the 0mRL (335m below the surface). The Armstrong orebody plunges to the north and extends over a total strike length of 250m.

The deposit consists of a single mineable lens striking north-west to south-east. The main lens mostly sits on the basalt ultramafic contact with a felsic dyke and some large faults intersecting the north end of the orebody. The orebody terminates at depth being intersected by a large granite intrusion.

132N
The 132N orebody dips on average near vertical with mineable horizontal widths between 2m to 10m. The orebody starts at the base of the 132N open pit 300mRL (80m below the surface) and extends at depth to the 50mRL (330m below the surface). The 132N orebody plunges to the north and extends over a total strike length of 220m.

The deposit consists of multiple mineable lenses striking north-south. The main lens mostly sits on the basalt ultramafic contact with some sections of high-grade channel structures in the basalt. The orebody is open at depth and may continue down the plunge angle of the mineralised ultramafic syncline.

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

CommodityProductUnitsAvg. AnnualLOM
Nickel Metal in concentrate kt 10 *62 *
Nickel Concentrate kt 103 *617 *
* According to 2024 study.

Operational metrics

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

Production Costs

CommodityAverage
All-in sustaining costs (AISC) Nickel  ....  Subscribe
All-in costs Nickel  ....  Subscribe
Assumed price Palladium  ....  Subscribe
Assumed price Cobalt  ....  Subscribe
Assumed price Nickel  ....  Subscribe
* According to 2024 study / presentation.

Operating Costs

CurrencyAverage
UG mining costs ($/t mined) AUD  ....  Subscribe
Processing costs ($/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
Freight costs $M AUD 137.1
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

EmployeesYear
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Aerial view:

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