Western Australian-based lithium exploration and development company Winsome Resources (ASX:WR1; “Winsome” or “the Company”) is pleased to advise drilling has commenced at its flagship Cancet property in the James Bay region of Quebec, Canada.


The drilling campaign is expected to take three to four weeks and will include around 20 holes to a combined depth of approximately 2,000m. It will build on two previous drilling campaigns conducted at the Cancet property in 2017.The project will include infill and "twinning" of existing holes to increase QAQC level of drilling data. The potential outcome will confirm the previous high-grade intersections, increase the Company's understanding of the pegmatite orebody and provide quality data for resource calculation in the future. The project will also test several new targets near the pegmatites which were recently identified using new interpretations of magnetic data over the area. Winsome’s Perth-based Managing Director Chris Evans has been onsite at Cancet over the past ten days with Canadian General Manager Carl Caumartin conducting site preparation. Mr Evans said: “The commencement of drilling at Cancet is a significant milestone for the Company and means we are one step closer to our intention of declaring a maiden resource. This is the culmination of 12 months of work since the Winsome Resources spin-out and listing process began in March 2021 and represents the new Company’s first ‘ín-ground’ exploration work. “The drill program will focus on infill drilling to increase our knowledge of the ore body, as well as extension drilling with a view to extending the known mineralisation to the east, north and west. “Planning is also underway for our spring and summer exploration programs, which will commence once ground conditions permit. This will be a combination of on the ground field exploration, taking rock and soil samples, trenching and drilling. “The programs will be based on targets identified by the magnetic survey already conducted and an upcoming geophysical gravity survey that will be completed in April 2022.”



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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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Winsome Resources

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