Strong Lithium Mineralisation Recorded From First Adina Drill Hole Assays

Winsome Resource (ASX:WR1; “Winsome” or “the Company”) is pleased to announce initial assay results from its drill hole AD-22-005 and provide an update on its ongoing diamond drilling program at its 100 per cent-owned Adina project in Quebec, Canada.

HIGHLIGHTS

• Assays from Adina drill hole AD-22-005 show impressive lithium mineralisation, recording 1.34% Li2O over 107.6m
• Includes exceptionally high-grade intersections of up to 2.21% Li2O over 30.0m from 41.0m to 71.0m (AD-22-005)
• Additional significant mineralised pegmatite interval intercepted reporting 1.08% Li2O over 30.0m from 147.0m to 177.0m (AD-22-005).
• More assays on visual lithium mineralisation in core will be reported to the market in the next a couple of weeks
• Comes on back of recent drilling identifying impressive extension of main pegmatite body strike length to 620m with further extension expected
• Spodumene pegmatites appear to follow a large and continuous gravity low anomaly, leaving it open in all directions.
• Drilling program at Adina extended significantly from 5,000m to more than 20,000m

Assays received from the SGS Laboratory in Sudbury, Ontario, confirm the following significant lithium intercepts in drill hole AD-22-005:

• 1.34% Li2O over 107.6m from 2.3m to 109.9m, including:
  
  • 1.52% Li2O over 20.7m from 2.3m to 23.0m
  • 2.21% Li2O over 30.0m from 41.0m to 71.0m
  • 1.05% Li2O over 26.5m from 71.0m to 97.5m
  • 0.96% Li2O over 6.9m from 103.0m to 109.9m
• 0.70% Li2O over 52.1m from 124.9m to 177.0m, including:
  • 1.08% Li2O over 30.0m from 147.0m to 177.0m

A full list of assays can be found in Appendix 3 below.

WINSOME RESOURCES MANAGING DIRECTOR CHRIS EVANS SAID:

“It is fantastic to see these impressive levels of lithium mineralisation in drill hole AD-22-005 which provide proof of the Company’s previous visual estimates of mineralisation. Having an average of 1.34% Li2O for over 100m of pegmatite from surface speaks of a world-class lithium project and paves the way for the much expanded drill program we now have planned at Adina. It is also very encouraging for the other impressive pegmatite intersections and visual estimates from drilling of subsequent holes up until the Christmas break. We look forward to releasing these assays to the market as soon as they become available.

Adina drilling update

As of 18 December 2022, the Company had completed 3,860m of NQ diamond core drilling across 20 holes with a large body of mineralised pegmatite being defined over a strike length of 550m, and down to 250m from surface.

The mineralised pegmatite body presents an indicative average true thickness of approximately 50m, dipping down about 60 degrees in. This pegmatite body, identified as the Jamar prospect, remains open at depth and along strike, where it appears to follow a large and continuous gravity low anomaly, suggesting it could possibly extend further east and west by approximately 1km. Numerous other gravity lows and target anomalies within the Adina project area remain to be tested throughout 2023.

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