Winsome Resources

New Assay Results Confirm Strong Lithium Mineralisation At Adina

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


HIGHLIGHTS

  • Assays from Adina continue to show impressive lithium mineralisation:
    • 1.28% Li2O over 93.5m from 3.0m (AD-22-001)
    • 1.52% Li2O over 23.9m from 4.6m (AD-22-005A)
    • 1.56% Li2O over 17.0m from 88.6m, and
    • 1.04% Li2O over 54.2m from 232.8m (AD-22-007)
  • Intersections include exceptionally high grade zones such as:
    • 2.16% Li2O over 16.0m from 23.0m,
    • 2.37% Li2O over 5.7m from 60.4m, and
    • 4.19% Li2O over 4.1m from 73.1m (AD-22-001)
    • 2.04% Li2O over 13.9m from 4.6m (AD-22-005A)
    • 2.72% Li2O over 7.0m from 98.6m, and
    • 2.14% Li2O over 6.0m from 232.8m (AD-22-007)
  • Assays have now been received from 6 drillholes of 32 holes completed to date.
  • Results are in addition to the recent identification of a potential extension to the strike length of the Adina pegmatite body to 1,600m.
  • Assays being received in a more consistent timeframe meaning further results will be able to be reported at regular intervals during the remainder of the programme.
  • Expanded drilling program at Adina continues to progress rapidly and now well-funded after recent capital raising.
Assays reported here are from drillholes AD-22-001, AD-22-002, AD-22-005A, AD-22-007 and AD-22-008 within the Adina Main Zone with results including:
  • 1.28% Li2O over 93.5m from 3.0m to 96.5m, including:
    • 1.61% Li2O over 8.0m from 3.0m to 11.0m
    • 2.16% Li2O over 16.0m from 23.0m to 39.0m
    • 2.37% Li2O over 5.7m from 60.4m to 66.1m
    • 1.89% Li2O over 12.7m from 73.1m to 85.8m
      further including 4.19% Li2O over 4.1m from 73.1m to 77.2m (AD-22-001)
  • 1.52% Li2O over 23.9m from 4.6m to 28.5m, including:
    • 2.04% Li2O over 13.9m from 4.6m to 18.5m (AD-22-005A)
  • 1.56% Li2O over 17.0m from 88.6m to 105.6m, including:
    • 2.72% Li2O over 7.0m from 98.6m to 105.6m and
  • 1.04% Li2O over 54.2m from 232.8m to 287.0m, including:
    • 2.14% Li2O over 6.0m from 232.8m to 238.8
    • 1.14% Li2O over 11.0m from 249.0m to 260.0m
    • 1.77% Li2O over 11.7m from 275.3m to 287.0m and
  • 0.88% Li2O over 19.0m from 324.6m to 343.6m, including:
    • 2.01% Li2O over 4.6m from 324.6m to 329.6m (AD-22-007)
  • 0.88% Li2O over 23.8m from 41.9m to 65.7m, including:
    • 1.31% Li2O over 7.0m from 41.9m to 48.9m
    • 1.34% Li2O over 3.0 m from 51.9m to 54.9m
    • 1.89% Li2O over 3.0 m from 60.5m to 63.5m (AD-22-008)

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.

WINSOME RESOURCES MANAGING DIRECTOR CHRIS EVANS SAID:

“These results are just as impressive as our initial assays from drill hole AD-22-005 and confirm the high- grade nature of the lithium mineralisation at the Adina Main Zone. They also give us encouragement for the numerous other intersections which are currently being logged, sampled, assayed and interpreted. The progress since we made the Jamar Discovery in September is remarkable and we continue to rapidly progress an intensive drill programme at Adina with the recent backing of the capital markets. We look forward to further results delineating the high grade zones of lithium mineralisation at Adina as well as building up the geological interpretation with the aim of starting resource estimation work later in the year.”


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.

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