New Drilling Campaigns Underway At Cancet And Adina Projects

Winsome Resources Limited (ASX: WR1; “Winsome” or “the Company”) is pleased to provide an update on the latest drilling campaigns which have commenced at the Company’s Cancet and Adina Lithium projects in Quebec, Canada.

Highlights

• Heli-poítable RC díill íig mobilised at Cancet, taígeting an estimated 3,500m acíoss appíoximately 20 new pegmatite taígets
  
• Heli-poítable diamond (Coíe) díill íig mobilised at Adina to caííy out 5,000m of infill and new test díilling
• Objectives include investigation of gíavity anomalies identified in íecent suíveys, and infill díilling to confiím mineíalisation extensions
• Samples to be dispatched to assay laboíatoíy on a weekly basis thíough two-month campaign

Following delivery of an RC rig by helicopter and assembly on site, drilling has commenced at Cancet. The exploration team continues to prepare target holes across multiple new pegmatite outcrops which were identified during on-ground exploration through the summer months.

The estimated six-week program will also drill targets where gravity anomalies have been identified, as well as confirm mineralisation extensions to the main dyke following recent stripping and channel sampling.

The drill rig will be moved by helicopter between the targets at Cancet to ensure the program runs quickly and efficiently.

At the same time, a heli-portable diamond core rig has commenced drilling multiple targets at the Company’s Adina project. The campaign will complete an estimated 5,000m of drilling, including infill holes across previously identified mineralisation, as well as testing new mineralisation announced following recent rock chip sample assay results (see Exceptional high grade Lithium assays from Adina ASX release, 30 September 2022).

Drilling will also investigate gravity anomalies at Adina, which have the potential to reveal under cover extensions to the known pegmatites.

Following completion of the core drilling campaign at Adina, which is expected to last six to eight weeks, the rig will be redeployed to Cancet to immediately follow up on the RC drilling campaign and conduct additional infill drilling as the Company progresses towards announcing a maiden resource in 2023.

While assays from the SGS laboratory in neighbouring Ontario province are expected to take six to seven weeks or longer as the case may be due to an ongoing backlog of work, Winsome intends to dispatch samples on a weekly basis to facilitate the fastest possible turnaround.

Winsome Resources Managing Director Chris Evans said:

“The Winsome team is excited to see these latest drilling campaigns underway.

“The ongoing good news from recent visual observations, rock chip sampling and gravity surveys, coupled with previous drilling at both Cancet and Adina, have helped us to build our understanding of the mineralisation and these drilling campaigns should give us even greater clarity as we move towards announcing a maiden resources.

“We look forward to providing regular updates over the coming months as drilling and assay work progresses.”

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