
William Lake Project
Leeuwin Metals Ltd
Manitoba, Canada
Nickel
Status: Exploration
100% Ownership
Exploring High Grade Nickel in the Prolific Thompson Nickel Belt
Project Location & Area:
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Located in the southern end of the world-class Thompson Nickel Belt, ~550km north of Winnipeg
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~250km south of the mining town of Thompson — one of Canada’s most significant nickel districts
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Highway 6 intersects the project, providing all-season access and logistical advantages
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The project area is intersected by Manitoba's hydro-electric transmission line, enabling potential zero-carbon nickel development
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Covers 523.2 km² across 55 granted mining claims and one exploration licence, 100% owned by Leeuwin
Project History:
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Over 89,500m of historical drilling across 152 holes — replacement cost estimated at over C$35M
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Historical data confirms widespread nickel-copper-PGE sulphide mineralisation across multiple prospects
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Leeuwin’s drilling has extended high-grade mineralisation down-dip and along strike
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Key focus areas include W21, W22, and W56 prospects — all delivering high-grade results and growth potential
Value Drivers:
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Significant new intercepts from Leeuwin’s 2023–2024 drill programs include:
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6.5m @ 2.56% Ni from 439.2m (WL23-365), including:
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0.8m @ 4.24% Ni
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1.6m @ 3.38% Ni
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1.0m @ 2.7% Ni
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21.9m @ 1.02% Ni from 206.65m (WL23-367), incl. 1.35m @ 5.02% Ni
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4.4m @ 1.55% Ni from 247.1m (WL23-367)
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Visual intercept of 10.5m of massive to semi-massive sulphides at W21 (WL23-368)
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PGE results confirm strong upside with intercepts such as:
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11.27m @ 1.52% Ni + 1.8g/t PGE (WL91-17)
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14.4m @ 1.04% Ni + 1.45g/t PGE (WL91-20)
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8.2m @ 1.56% Ni + 1.42g/t PGE (WL92-32)
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High-priority EM conductors identified at W21, W22 & W56 via FLEM and DHEM surveys
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Mineralisation remains open in all directions with over 2km of strike defined at W56
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Backed by a technical committee with Glencore, leveraging their nickel expertise
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Located in a low-sovereign-risk, ESG-friendly jurisdiction with excellent infrastructure