Why Has Winsome Resources Declared a Globally Significant Maiden Mineral Resource at Adina Lithium Project?

Winsome Resources Unveils Globally Significant Maiden Mineral Resource at Adina Lithium Project

Eeyou Istchee James Bay, Quebec, Canada - December 11, 2023 - Winsome Resources (ASX: WR1), a leading lithium explorer and developer, has announced the maiden Inferred Mineral Resource Estimate (MRE) for its Adina Lithium Project. The company has declared an impressive resource of 59 million tonnes (Mt) at 1. 12% Li2O. This substantial resource is poised to play a pivotal role in the North American electric vehicle supply chain.

A Historic Achievement

Winsome Resources' Managing Director, Chris Evans, expressed his enthusiasm for this milestone, highlighting the company's remarkable journey. He stated, "Today's announcement of our maiden MRE marks a significant milestone for the Adina Lithium Project and is an historic moment for Winsome Resources. "

Evans further commended his exploration team, which initiated sampling at Adina just over a year ago.

Story Continues.. after this ad because we need some dollarydoos

Their efforts have led to one of the largest hard rock MREs in North America.

Key Details of the Maiden Mineral Resource

The maiden Inferred Mineral Resource Estimate stands at 59Mt at an impressive grade of 1. 12% Li2O. This estimate is classified in the Inferred category and corresponds to a contained tonnage of 1. 62Mt Lithium Carbonate Equivalent (LCE). The resource is based on extensive drilling, covering a total of 27,600 meters and an approximate spacing of 100m x 100m.

The Adina Lithium Project is characterized by two primary zones, the Main Zone and the Footwall Zone. These zones are rich in spodumene-bearing pegmatites and are open to the east and west along strike, up-dip to the north, and at depth.

Ongoing Expansion Efforts

Winsome Resources is committed to further expanding the Adina Lithium Project. Currently, the company has five drill rigs in operation at Adina, with over 25,000 meters of additional infill and extensional drilling awaiting assay results. This drilling program aims to upgrade the maiden Mineral Resource during the first half of 2024.

The total strike length of lithium mineralization at the Adina Lithium Project spans 3. 1 kilometers across the Main and Footwall Zones. There is strong potential for growth in these zones, and drilling programs are actively testing potential extensions to mineralization in various directions.

A Strategic Location

Situated in the Eeyou Istchee James Bay region of Quebec, Canada, the Adina Lithium Project enjoys the benefits of a supportive Tier 1 mining jurisdiction. Quebec has a well-established regulatory framework, existing infrastructure, and multiple operating mines, making it an ideal location for lithium development.

Winsome Resources' maiden MRE for Adina does not yet encompass all the spodumene pegmatite mineralization along strike to the east and west, including the Ridge Zone and Adina Far East. These zones hold significant potential for further resource growth.

Future Development and Community Collaboration

The declaration of the maiden MRE paves the way for preliminary development studies, including mine designs, with an aim to publish project studies in H2 2024. Environmental baseline and infrastructure studies are already underway, involving collaboration with local Cree communities and stakeholders in Quebec.

Initial process engineering planning is progressing, with the collection of drill core samples slated for Q1 2024. Winsome Resources' Adina Lithium Project is poised to become a valuable asset in the lithium market, with the potential to contribute significantly to the North American electric vehicle supply chain.

The company continues to emphasize its commitment to sustainability and collaboration with local communities and stakeholders as it moves forward with this globally significant lithium project.

Promote your business on our growing investor platform: Advertise With Us

Like

Reply 121 Share