Further Assays Confirm Adina As A Robust, High-Grade Lithium Project

Winsome Resources (ASX:WR1; “Winsome” or “the Company”) is pleased to announce further high-grade assay results from drilling at its 100 per cent-owned Adina project in Quebec, Canada.

HIGHLIGHTS

• Latest intersections confirm the impressive tenor and thickness of the lithium mineralisation through the Main Zone at Adina. The full results are set out Appendix 1 to this announcement and include:
  • 1.64% Li2O over 47.4m from 32.7m (AD-22-042),
  • 1.35% Li2O over 55.5m from 28.0m (AD-22-036),
  • 1.26% Li2O over 59.4m from 41.6m (AD-22-035),
  • 1.56% Li2O over 44.7m from 26.3m (AD-22-041),
  • 1.14% Li2O over 54.8m from 2.2m (AD-22-006), and
  • 1.08% Li2O over 44.0m from 123.0m (AD-22-059).
• Exceptionally high-grade zones continue to be intersected within the pegmatite body such as:
  • 2.40% Li2O over 9.0m from 49.0m (AD-22-036),
  • 2.00% Li2O over 15.1m from 26.3m,
  • 1.92% Li2O over 18.0m from 48.0m (AD-22-041),
  • 2.15% Li2O over 14.6m from 32.7m,
  • 1.78% Li2O over 23.0m from 55.1m (AD-22-042), and
  • 2.82% Li2O over 6.0m from 84.0m (AD-22-046) (see Appendix 1 for further details).
• Assays have now been received from 21 drillholes of 38 holes completed to date.
• Third drill rig to be mobilised to Adina in coming weeks to further investigate potential strike length and depth extension of main pegmatite body and follow up on other gravity targets.

Intercepts are calculated using a 0.3 % Li2O cut-off grade, a minimum thickness of 5m and including up to 7m of internal dilution. A full list of intersections can be found in Appendix 1 below and drillhole locations are shown on Figure 3. Other relevant drilling data is included in the appendices.

WINSOME RESOURCES MANAGING DIRECTOR CHRIS EVANS SAID:

“Results from drilling are demonstrating that Adina is a robust lithium project well placed for development to supply future North American demand. We have intersected mineralisation on every drill section over a 700- metre strike length. More importantly the consistency of grade and width through the core of the deposit is very encouraging and gives encouragement for the future development of the project. The assay results are supporting our initial interpretations based on logged spodumene-bearing pegmatite zones which allows us to plan drilling effectively and efficiently without having to wait for assay data. Having recently been on site and seeing the exceptional work done to date I am grateful to our team for their hard work to fast track this project and look forward to both more drilling data and more assay results in coming weeks.”

Figure 1: New Results from Adina Main Zone Drilling Oblique view looking to west over conceptual model of pegmatite body.

Adina Main Zone results commentary

Intersections in Table 1 display consistent widths (downhole) and thicknesses of spodumene-hosted lithium mineralisation through the central portion of the Adina Main Zone. Downhole widths of 40 – 50 metres have been frequently encountered with grades over 1% Li2O. Exceptional high grades continue to be present at the top and base of the pegmatite body, closest to the contact with the regional amphibolites.

The assay results presented in this release are from 14 drillholes in the central portion of the Adina Main Zone (which covers the Jamar discovery, Figure 1). These holes were drilled in November-December 2022.

Over 8,600 metres have now been drilled in 38 holes at the Adina Main Zone (Appendix 3), defining a substantial continuous pegmatite body over a strike length of approximately 700m and to depths 200 metres from surface (Figure 2). Based on drilling intersections the pegmatite body pinches and swells along strike and down-dip which, along with the variations in the tenor of lithium mineralisation, is likely to indicate multiple phases of pegmatitic intrusions over time and possible compositional variations between phases in addition to zonation within phases. Both geochemistry and mineralogy are to be used to better map the individual phases and aid future drill targeting.

Mineralisation remains open along strike to the east and west of these results as well as down dip. Assays are awaited from some 16 drillholes and drilling continues at site with two rigs in operation (Figure 2).

Recent drilling completed includes a fence of drillholes which successfully intersected spodumene bearing pegmatite along strike from holes AD-22-042 and AD-22-046, to the east of section E02 (refer to Table 2 and Figures 2 and 3).

Drilling is currently testing the pegmatite body down dip of the intersections reported here and previously¹ after which step outs to the east of holes AD-23-071 – 073 are planned to be drilled.

A further potential strike extension of the pegmatite body to a total of 1,600m has been interpreted based on recent drilling results and geophysical surveys², with a third drilling rig being mobilised to site to fast- track drilling of these targets as well as those delineated by ground gravity surveying.

Click here for the full ASX Release

This article includes content from Winsome Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.