MDF Global MDF Global
Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine Apple’s iPhone boom highlights critical minerals powering smartphones•Presenting a united front for Queensland’s copper sector•Thailand seeks Myanmar mine access amid arsenic pollution•Egypt to set up state-backed company to license artisanal gold miners, free detainees•Brixton closes $7.4 million raise for Thorn, Langis projects•Heliostar banks record $78.7 million for Ana Paula push•Mining giants bet billions on 2030 supply crunch•Gunnison Copper reports Q3 output, revenue surge•Triumph Gold targets $15.46 million for Yukon push•African Rainbow Minerals faces a jobs dispute at Nkomati mine•Angola seeks 10% stake in De Beers under Anglo’s proposed exit•Gold price rebounds but heads for biggest weekly loss since June•Teck copper strike reaches BC port as operator sues union•Copper benchmark rocked by miner-smelter tug-of-war•Zimbabwe mining bill targets community, environmental safeguards•Mount Isa critical minerals hub secures Feasibility Study funding•Eramet initiates $814.5 million capital raise to reduce debt•Richemont backs natural gemstones, declines De Beers comment•‘Tis the season for administration as Comlek falls a second time•OceanaGold Philippines trials wireless blasting at Didipio mine

Winsome Resources records ‘strong’ lithium mineralisation from first drillhole at Adina Project, Canada

Perth-based lithium exploration and development company Winsome Resources (ASX:WR1) reports it has recorded ‘strong’ lithium mineralisation in assays from the first drillhole completed at its 100% owned Adina Project in Canada.

The company says hole AD-22-005, which was drilled as part of an ongoing diamond drilling campaign, recorded 107.6m @ 1.34% lithium (Li2O) from 2.3m. This includes 30m @ 2.21% Li2O from 41m to 71m, and 20.7m @ 1.52% Li2O from 2.3m to 23m.

Commenting on the result, Winsome Resources Managing Director Chris Evans says: “It is fantastic to see these impressive levels of lithium mineralisation in drillhole 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”

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.”

As of 18 December 2022, Winsome had completed 3,680m of diamond drilling across 20 holes with a large mineralised pegmatite being defined over a strike length of 550m and down to 250m from surface.

The company states the mineralised pegmatite body presents an indicative average true thickness of about 50m, dipping down about 60 degrees in. This pegmatite body which was identified as the Jamar Prospect, remains open at depth and along strike where it appears to follow a ‘large’ and continuous gravity low anomaly.

This suggests the trend could possibly extend further east and west by about 1km. The company also notes numerous other gravity lows and target anomalies within the Adina project area remain to be tested throughout 2023.

Winsome reports the helicopter supported drilling program at Adina has been extended from the originally planned 5,000m to more than 20,000m. It notes a second drill rig is currently being mobilised to site to assist with the expanded drilling and resource definition program.

The company also reports the drill team will return to work on 9 January following a break over the Christmas period. Furthermore, Winsome expects to provide an update on its Cancet drilling campaign which is running concurrently with the Adina campaign.

Winsome Resources is a Perth-based, lithium-focused exploration and development company with 5 projects in the province of Quebec in Canada. These projects include the Cancet, Adina, and the Sirmac-Clappier projects which are wholly owned by Winsome.

The company also holds an option agreement to acquire and explore 669 claims totalling 385km-square in Decelles and a further 259 claims totalling 149km-square at Mazerac, located near the mining town of Val-d’Or in Quebec.

Images: Winsome Resources Ltd
Add to Watch List:
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.