Western Australian-based lithium exploration and development company Winsome Resources (ASX:WR1; “Winsome” or “the Company”) is pleased to provide the following clarifications on the drilling update released to the market on 28 March 2022 entitled ‘Winsome Progress Update from Drilling Campaign’

The Company would like to refer investors to the Competent Persons statement at the end of this announcement, which relates to the Drilling Update announcement issued on 28 March 2022.

The Company would also remind investors that the presence of Spodumene crystals within Pegmatite does not necessarily equate to lithium mineralisation until confirmed by chemical assay. It is not possible to estimate the percentage of lithium mineralisation by visual estimates and this will be determined by the laboratory results which will be reported in full in a future report.

Additionally, in the Company’s ASX announcement dated 24 March 2022, entitled ‘:Winsome Progresses Geophysical Targeting at Flagship Lithium Project’, the Company would like to refer investors to the results of previous lithium mineralisation as reported in Independent Geologist Report, Winsome Resources Limited, Report Prepared by Mining Insights October 2021 – Pages 35 and 36.

This announcement is authorised by the Winsome Board of Directors.


Competent Person Statement

The information in this report which relates to Exploration Results is based on, and fairly represents, information and supporting documentation prepared by Mr Carl Caumartin, VP Exploration of Winsome Resources Ltd (WR1 or Winsome). Mr Caumartin is a member of the Quebec Board of Professional Engineers (OIQ, Canada) and he has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Caumartin consents to the inclusion in this release of the matters based on the information in the form and context in which they appear. Mr Caumartin is a shareholder of Winsome. Winsome confirms it is not aware of any new information or data which materially affects the information included in the original market announcements. Winsome confirms the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.

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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