The Conversation (0)
Winsome Resource Limited (ASX:WR1; “Winsome” or “the Company”) is pleased to announce it has acquired a camp to house workers close to the Company’s Cancet and Adina projects in the James Bay region of Quebec.
HIGHLIGHTS
- Winsome Resources acquires exploration camp close to key lithium projects
- Well-equipped property increases Winsome’s local capabilities and resourcing ahead of planned project growth
- Minor upgrades and expansion planning underway to ultimately cater for more than 30 occupants
The camp is located alongside the all-weather Trans-Taiga Road and has float plane, helicopter landing and refuelling facilities on site. It currently caters for 15-20 people and the Company has commenced occupying the camp while carrying out minor upgrades to increase suitability for all-weather habitation.
Central catering facilities and infrastructure at the site will readily enable expansion to cater for more than 30 people, work that Winsome anticipates completing in 2023 as the drilling campaigns at Cancet and Adina ramp up.
Existing exploration and logistical partner Technominex will be engaged to operate the camp. The group has significant experience operating several other exploration camps in Quebec.
Winsome will also establish a drill core logging and cutting facility at the camp, to be relocated from its current third-party owned lodging facility over time.
The site was acquired for C$240,000 (approximately A$262,500) and sits within a fully permitted lease area which has been transferred to Winsome’s Canadian subsidiary.
Figure 1 below shows the location and layout of the new WR1 Camp.
Figure 1 – Location and layout of the newly acquired WR1 Camp
WINSOME RESOURCES MANAGING DIRECTOR CHRIS EVANS SAID:
“The camp acquisition increases our local capabilities and resourcing and ability to act autonomously in the region without excessive reliance on third party facilities to conduct our exploration.
It is well located in close proximity to our flagship Cancet and Adina projects, where exploration and drilling work is anticipated to continue into the foreseeable future, and provides staff and contractors with a comfortable, well-equipped base.”
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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