WIN Builds Scale at Radio Gold with High Grade Acquisitions
| Stock | Widgie Nickel Ltd (WIN.ASX) |
|---|---|
| Release Time | 31 Mar 2026, 12:35 p.m. |
| Price Sensitive | Yes |
WIN Builds Scale at Radio Gold with High Grade Acquisitions
- Acquisition of fully permitted Princess Royal Gold Mine and exclusive option to acquire Stumpy Doodle Gold Mine
- Princess Royal Exploration Target: 26,000 - 40,000 tonnes at 8.0 - 12.0g/t Au for 7,000 - 15,000 ounces of gold
- Transactions increase scale and flexibility of the Radio Gold Project
WIN Metals Ltd (ASX:WIN) has signed a tenement sale agreement for the acquisition of tenements including the high-grade Princess Royal gold mine located 80km southwest of its Radio Gold Mine. Additionally, WIN has secured an exclusive option to acquire the Stumpy Doodle gold mine located 10km north of Radio in Western Australia. These two transactions are seen as value-accretive to WIN's 100% owned Radio Gold Project. The Princess Royal Exploration Target is estimated at 26,000 - 40,000 tonnes at 8.0 - 12.0g/t Au for 7,000 - 15,000 ounces of gold. WIN plans to commence drilling at Princess Royal to target extensions to known mineralization and follow up on high-grade historic intercepts. The company will also advance exploration at Stumpy Doodle during the option period. These acquisitions are expected to expand the project footprint, increase resource potential, and provide multiple potential high-margin sources of ore to support future development scenarios for the broader Radio project area.
WIN remains focused on advancing its diversified portfolio of critical and precious metal projects through targeted exploration and development activities aimed at building long-term shareholder value.